Raj Rajaratnam of the Galleon Group was found guilty of nine counts of securities fraud and five counts of conspiracy to commit securities fraud. He will be sentenced on July 29th and is likely to spend 15 1/2 to 19 1/2 years in prison. US prosecutors won the case by going through Galleon's trade records, testimony from ex-employees and sources and recordings of 30 calls.
The initial article can be found here. I am sure there will be news articles and analyses in the coming weeks.
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