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Galleon's legal sideshows

They're even more bizarre than the insider trading case, per Kevin LaCroix:

Among other things, on October 22, 2009, a group of survivors of alleged "terrorist" bombings sued [Raj] Rajaratnam and his father claiming they knowingly provided financial support to the Tamil Tigers.

On a more positive note, Galleon was recently affirmed as lead plaintiff in a securities class action lawsuit pending in the Eastern District of Pennsylvania.

P.S. Not to neglect the substance of the debate over insider trading, here's Prof. Bainbridge explaining why he disagrees with Prof. Boudreaux.



Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.