Updated Oct. 22, 2009 at 11:30 a.m.

Premium Lock Hedge fund linked to IBM exec in insider case is shutting down

Published: 2009-10-21 13:41:00
Updated: 2009-10-22 11:30:19

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Tags: IBM

A letter obtained by The Associated Press says Galleon Group plans "an orderly wind down" of its funds while it explores alternatives for its business. Raj Rajaratnam, the fund manager and one of America’s wealthiest individuals, faces charges in the case....

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