Bloomberg News

Rajaratnam Arrest Led Hedge Fund Analyst to Destroy Insider Data

June 14, 2011

June 14 (Bloomberg) -- A former analyst at hedge fund Barai Capital Management LP testified today in Manhattan federal court that after Galleon Group LLC co-founder Raj Rajaratnam was arrested, he destroyed some files related to inside information provided to his firm by expert networkers.

To contact the reporter on this story: Patricia Hurtado in New York at pathurtado@bloomberg.net

To contact the editor responsible for this story: David E. Rovella at drovella@bloomberg.net


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