Jury Forced to Restart Deliberations in Hedge Fund Trial

Wednesday, May 04, 2011

Billionaire Galleon Group hedge fund head Raj Rajaratnam Billionaire Galleon Group hedge fund head Raj Rajaratnam (Spencer Platt/Getty)

After one week of deliberations in the largest insider trading case related to hedge funds in history, jurors will restart.

A federal judge dismissed an ailing juror and ordered jurors to start again with the replacement. He also ordered jurors not to be prejudiced because the defendant, Raj Rajaratnam, is not in the courtroom due to emergency foot surgery.

Rajaratnam is accused of of making millions of dollars off of illegally traded tips. He pleaded not guilty.

With the Associated Press


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