Mealey's Securities/D&O Liability - High Court Declines Review Of Rajaratnam Insider Trading Conviction

WASHINGTON, D.C. - The U.S. Supreme Court on June 16 declined to review a Second Circuit U.S. Court of Appeals' ruling upholding the conviction of hedge fund founder Raj Rajaratnam on claims that he violated federal securities law for his role in a massive insider trading scheme (Raj Rajaratnam v. United States of America, No. 13-1001, U.S. Sup.).

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