Published July 08, 2014
A jury found Rengan Rajaratnam not guilty of U.S. charges he was part of his older brother's insider-trading conspiracy. The move comes as a blow to U.S. District Attorney for the Southern District of New York, Preet Bharara. Bharara had previously never failed to get a conviction as part of his insider trading crackdown.
Rengan Rajaratnam Acquittal Statement