NEW YORK: Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, lost a bid to dismiss some of the insider trading charges leveled against him last year.
US district judge Naomi Reice Buchwald in Manhattan ruled that the indictment adequately alleged the essential elements of the crimes charged.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!