Galleon Group Trial Date
Galleon Group's Raj Rajaratnam Trial Set for October 25
The judge said that, given the size and complexity of the case, he agreed with defense counsel that the criminal case should be heard in the autumn.
"Six months is just ludicrous to try to defend a case of this enormity," said John Dowd, a lawyer for Mr. Rajaratnam.
Prosecutors from the U.S. Attorney's office in Manhattan had asked that the case be heard in June, six months after the first indictment in the case. Mr. Rajaratnam and Danielle Chiesi, a former consultant with hedge-fund firm New Castle Funds LLC, were originally arrested in the matter in October.
Alan Kaufman, Ms. Chiesi's lawyer, said being able to appropriately defend a case of this complexity in that amount of time would be "a physical impossibility." Source
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