Rajaratnam’s ex-firend spared prison for helping convict him

A former Intel Corp. executive, whose trial testimony helped convict hedge fund titan Raj Rajaratnam, avoided prison time on Monday for his role in the biggest insider-trading prosecution of a generation. Rajiv Goel is the third former friend and business associate, who testified against Mr. Rajaratnam at his 2011 Manhattan federal court trial, to be handed a sentence of probation. Mr. Goel is among scores of fund managers, traders, lawyers, executives and consultants caught in a U.S. government crackdown on Wall Street insider trading in the past four years. Read The Globe and Mail report here.

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