Rajaratnam Pleads Not Guilty
Rajaratnam and Chiesi Plead Not Guilty to Insider Trading
Two months ago, Mr. Rajaratnam and Ms. Chiesi, both in handcuffs, were led into a Manhattan court by agents from the Federal Bureau of Investigation in what was the beginning of the one of the largest insider trading cases in Wall Street history.
Since Mr. Rajaratnam was arrested and released on $100 million bail, he has spent millions of dollars hiring top criminal defense lawyers and public relations consultants to combat the charges against him. Following his arrest, investors moved rapidly to pull more than $4 billion from hedge funds managed by the Galleon Group.
“My daughter is innocent and that is what you will be printing,” Gloria Chiesi, Danielle Chiesi’s mother, told the Wall Street Journal after the hearing. “God borrowed my body and gave me this girl. She’s my angel.”
Related to: Rajaratnam Pleads Not Guilty
- Hedge Fund Tracker Tool
- Fund Marketing and Sales Advice
- Top Hedge Fund Managers
- Free Online Hedge Fund Videos
- Careers & Employment Guide
- Hedge Fund Holdings & Securities Analysis
- Hedge Fund Terminology
- Geographical Guides
- Hedge Fund Startup Tools
Tags: Rajaratnam Pleads Not Guilty, Rajaratnam Not Guilty, insider trading, hedge funds trials, hedge funds laws, sec, securities, fraud, raj Rajaratnam and Danielle Chiesi, managers, new castle hedge fund, galleon fund