By Daniel Costello
Federal authorities announced Thursday they're charging nine more people in the growing Galleon Group insider-trading scandal, bringing to 15 the number charged in the biggest hedge fund-related case in history.
Manhattan US Attorney Preet Bharara said 14 people, "including attorneys and Wall Street professionals" had been charged "for their alleged involvement in insider trading that netted 20 million dollars."
Seven of the people were arrested Thursday morning, including one in Connecticut and one in New Jersey, according to a spokesman for the Federal Bureau of Investigation's New York office. The arrests follow insider trading charges last month against six people, including the Galleon founder Raj Rajaratnam.
categories: News
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