Posted May. 11, 2011 at 2:03 p.m.

Premium Lock Jury convicts exec in Wall Street insider trading case

Published: 2011-05-11 14:03:47
Updated: 2011-05-11 14:03:47

Raj Rajaratnam. (AP) Raj Rajaratnam, billionaire co- founder of Galleon Group, is surrounded by photographers as he leaves Manhattan federal court, Wednesday, May 11, 2011, in New York. The former Wall Street titan was convicted Wednesday of making a fortune by coaxing a crew of corporate tipsters to give him an illegal edge on blockbuster trades in technology and other stocks, in what prosecutors called the largest insider trading case ever involving hedge funds. (AP Photo/Mary Altaffer) Image 1 of 2 · Next Image…

Hedge fund executive Raj Rajaratnam faces up to 19 years in trading. The investigation also snared a former IBM exec with connections to Triangle....

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