Bloomberg News

Rajaratnam Appeals Record $92.8 Million SEC Penalty

December 07, 2011

Dec. 7 (Bloomberg) -- Raj Rajaratnam, the former hedge fund manager convicted of insider trading, appealed a record penalty imposed by the U.S. Securities and Exchange Commission.

To contact the reporter on this story: Bob Van Voris in New York at

To contact the editor responsible for this story: Peter Blumberg at

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