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JAN 31, 2013 - MarketWatch

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Galleon insider sentenced to 1 year in prison

NEW YORK (MarketWatch) -- One of the key cooperators in the government's insider trading case against Galleon head Raj Rajaratnam was sentenced Thursday to one year in prison, according to media reports. Roomy Khan worked with law enforcement on several insider trading cases, including the government's case against Galleon founder Raj Rajaratnam, Whitman Capital founder Doug Whitman and others. Khan pleaded guilty to passing on confidential company information while working with her clients in the hedge funds industry in 2001 and 2009. Government officials contend that Khan played a ... Read More

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