Judge Defers Rajaratnam Trial

A U.S. judge has postponed the criminal trial ofGalleon Grouphedge fund founder,Raj Rajaratnam,The Wall Street Journal报告。trial over charges of insider trading has been delayed until March 8 from Feb. 28, 2011.

Rajaratnam was arrested and charged with conspiracy and securities fraud in October 2009, addsReuters. Rajaratnam, who has pleaded not guilty and is free on bail, was accused of making Galleon carry out improper trades in a variety of companies based on inside information shared by company insiders and others.

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