A former Tiffany & Co. executive who stole jewelry including diamond rings and bracelets worth $2.1 million over eight of her almost 25 years at the luxury retailer was sentenced to a year and a day in prison by a federal judge who called her crime “inexplicable.”
Mark Kurland , a co-founder of New Castle Funds LLC, was ordered to serve 27 months in prison after pleading guilty in the Galleon Group LLC insider-trading case, becoming the first defendant in the scheme to be sentenced.
Mark Kurland , a co-founder of New Castle Funds LLC, asked a judge to give him probation when he becomes the first defendant sentenced in the Galleon Group LLC insider-trading case that snared Raj Rajaratnam .
A former Akamai Technologies Inc. executive agreed to pay more than $145,000 to settle a Securities and Exchange Commission lawsuit accusing him of trading on inside information and passing tips used by convicted Galleon Group LLC co-founder Raj Rajaratnam.
Danielle Chiesi, the former New Castle Funds LLC analyst sentenced to 2-1/2 years in prison after pleading guilty to passing inside stock tips to Galleon Group LLC co-founder Raj Rajaratnam, must surrender to begin her prison term on Sept. 20, a federal judge ruled.
A federal appeals court blocked a demand by the Securities and Exchange Commission for wiretaps from the insider-trading prosecution of Galleon Group co-founder Raj Rajaratnam for use in its related civil suit.
Danielle Chiesi , the former New Castle Funds LLC consultant charged with passing inside information to Galleon Group LLC co-founder Raj Rajaratnam and others, pleaded guilty in federal court in New York.