9 posts and columns on conspiracy

Galleon Founder Convicted on All Counts in Insider-Trading Trial

in News on May 11, 2011 at 8:32 am PT

A federal jury convicted Galleon Group founder Raj Rajaratnam on all 14 counts of securities fraud and conspiracy, providing the U.S. with a significant win in a push to prosecute insider trading on Wall Street and in corporate America.

Seventh Person Arrested in Insider Trading Probe

in Enterprise on December 29, 2010 at 12:17 pm PT

Another arrest of an expert consultant in the ever-widening FBI investigation into insider trading of tech companies.

What Was That You Said, Greg? It’s Not Illegal if You Don’t Get Caught?

in News on March 29, 2010 at 10:18 am PT

Former Brocade Communications Systems CEO Greg Reyes’s luck took a turn for the worse last week when he was once again found guilty of securities fraud. Though it acquitted him on one count of conspiracy, a federal jury on Friday found Reyes guilty on nine counts of securities fraud and making false statements–the same ones overturned last August because of prosecutorial misconduct.
and-justice-for-all

Intel CEO Says Had No Knowledge of Trading Probe

in News on October 19, 2009 at 2:29 pm PT

Intel Corp.’s chief executive said the company had no advance warning or knowledge about the insider-trading investigation into Galleon Group, which has implicated an Intel executive. “No one in our legal department or management knows anything about this,” said Paul Otellini, chief executive of the chip giant, in an interview at The Wall Street Journal’s headquarters in New York.

HP Keeps the Ink Flowing

in News on August 19, 2009 at 10:00 am PT

Former Brocade CEO: Hello, BofA? Yes, I’d Like to Stop Payment on a $15 Million Check.

in News on August 19, 2009 at 7:18 am PT

Another first for former Brocade Communications Systems CEO Greg Reyes. He was the first Silicon Valley CEO to be indicted on federal charges in the options backdating scandal of a few years ago and the first to be found guilty. And on Tuesday, he became the first to have his conviction overturned.
and-justice-for-all

Sanjay Kumar Goes to White Castle Prison

in News on September 4, 2008 at 12:05 pm PT

If I go down, you all go down. That’s the personal philosophy former CA CEO Sanjay Kumar appears to have embraced after serving a few years in prison for conspiracy, securities fraud and obstruction of justice. In a 27-page affidavit filed in court Tuesday, the disgraced Kumar claims that several current and former directors were aware of the company’s … generally unaccepted accounting practices and concealed them from government investigators.

Broadcom Co-Founder: Up in Smoke

in News on June 6, 2008 at 11:00 am PT