NEW YORK: Danielle Chiesi, a former hedge fund trader and key defendant in the sprawling Galleon Group insider trading case, was sentenced on Wednesday to 2 years in prison and the presiding judge gave a stern warning to others on Wall Street considering breaking the law.
Chiesi, 45, is the first major defendant to be sentenced in the government's probe, unveiled in October 2009 and centred on Raj Rajaratnam, founder of the Galleon hedge fund.
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