Wealthy hedge fund operator Raj Rajaratnam (RAHJ rah-juh-RUHT'-nuhm) has pleaded not guilty to charges in a huge insider trading case.
He entered the plea Monday to charges in an indictment returned last week.
Prosecutors say Rajaratnam played a key role in a $52 million insider trading case that has resulted in charges against 21 people.
Rajaratnam, one of America's wealthiest men, declined comment after the court appearance. He remains free on $100 million bail.
Prosecutors say they'll turn over 100 hours of intercepted phone calls to attorneys for the defendants this week.
AP
in September 2009 Forbes Magazine reported Raj's Net Worth as $1.5 Billion(1,500,000,000) / Sri Lanka Rs. 171 Billion (171,600,000,000) making him the richest Sri Lankan
He entered the plea Monday to charges in an indictment returned last week.
Prosecutors say Rajaratnam played a key role in a $52 million insider trading case that has resulted in charges against 21 people.
Rajaratnam, one of America's wealthiest men, declined comment after the court appearance. He remains free on $100 million bail.
Prosecutors say they'll turn over 100 hours of intercepted phone calls to attorneys for the defendants this week.
AP
in September 2009 Forbes Magazine reported Raj's Net Worth as $1.5 Billion(1,500,000,000) / Sri Lanka Rs. 171 Billion (171,600,000,000) making him the richest Sri Lankan
