Galleon Group news from FierceFinance

Prosecutors in the Galleon hedge fund insider trading case mistakenly sent wiretap records to officials at the SEC. The recordings were returned, but the issue has blown up. It's doubtful that the... Read more...

News of the Galleon scandal, which first made headlines in October, continued to develop through December. As we became more familiar with Rajaratnam and Chiesi, the cast of characters... Read more...

Mark Kurland became the eighth person to plead guilty in the Galleon insider trading case, which has seen more than 20 people charged so far. The plea is not a surprise. So will he turn on his old... Read more...

Is there something we can infer from the extension a judge has granted prosecutors who are pondering charges against more people in the Galleon insider-trading scandal? This is not really all that... Read more...

The Bernard Madoff Ponzi scheme was the wake-up call, of course. But there were a number of other suspected frauds, like the Galleon fraud and others that, even if they were not strictly related to... Read more...

As expected, Raj Rajaratnam, the alleged kingpin in a massive insider trading scam, pleaded not guilty. So this sets up a very interesting showdown with the government, which has a lot more than... Read more...

In the wake of the Galleon hedge fund insider trading scandal, a lot of hedge fund pros are on edge. More indictments could be coming at some point. The anxiety was heightened by the news that a... Read more...

Raj Rajaratnam has come out swinging. He has now answered the government's accusations with strong denials. His lawyers say he was not the mastermind of a massive insider trading scandal. The... Read more...

Danielle Chiesi's role in the Galleon, Raj Rajaratnam insider trading scandal has been noted often but not fully explored, leaving many questions. Her language was certainly colorful--she favored the... Read more...

How big is this going to get? Nine more people have been arrested in the insider trading scandal involving Galleon. Reuters reports that the list includes Zvi Goffer, of Incremental Capital hedge... Read more...