Raj Rajaratnam Pleads Not Guilty to Insider Trading

New York hedge-fund billionaire Raj Rajaratnam pleaded not guilty Monday to running an insider trading scheme that allegedly racked up $21 million in profits – the biggest hedge-fund insider trading case ever brought. Rajaratnam is charged with conspiracy and securities fraud, accused of operating an elaborate insider trading operation in tech and other stocks through his hedge fund. Galleon Group had made Rajaratnam one of the wealthiest men in America, with an estimated net worth of $1.3...Full Story