The Government continued to build its insider trading case against Raj Rajaratnam and Danielle Chiesi, filing a superseding indictment on Tuesday. U.S. v. Rajaratnam, Case No. 09 mg 2306 (S.D.N.Y.). While the basic contours of the case remain the same, …

THE GALLEON CRIMINAL CASE IS EXPANDED Read More »

Ponzi schemes were once thought to be difficult to detect. In the wake of the market crisis and huge frauds such as Madoff, however, these cases seem to have become a staple of SEC enforcement. Last year, the Commission brought …

A PRELIMINARY INJUNCTION IN ANOTHER PONZI SCHEME CASE Read More »