Another Guilty Plea Coming In Raj Rajaratnam Case?
There have been nine guilty pleas so far in the Galleon hedge fund insider trading case – enough to fill a baseball field with players at every position. Now, reports suggest that the feds are beginning to add to their bench – another guilty plea is coming. Raj Rajaratnam can’t be happy with this development.
The new plea is expected to come from Ali Hariri, a former vice president of Atheros Communications Inc.
Stories are available online at http://www.reuters.com/article/idUSN2221618720100222?type=marketsNews and http://www.businessweek.com/news/2010-02-23/atheros-executive-hariri-will-waive-indictment-in-galleon-case.html.
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