Galleon Jurors Scrutinize Alleged Tips About Wireless Venture
Jurors weighing the fate of Galleon Group founder Raj Rajaratnam appeared to focus Monday on allegations he traded on inside information about a 2008 wireless technology venture.
At the start of their 10th day of deliberations, jurors listened again to tapes of 12 of Mr. Rajaratnam’s conversations that were secretly recorded by the government, most with former Intel Corp. executive Rajiv Goel.
Mr. Rajaratnam, 53 years old, is charged with 14 counts of securities fraud and conspiracy. Mr. Goel, who pleaded guilty to securities fraud and conspiracy in February 2010, testified for the government against Mr. Rajaratnam earlier in the trial. Mr. Rajaratnam and his lawyers have said he traded based only on legitimate research.
