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தண்டனைப் பணமாக 92.8மில்லியன் அமெரிக்கா வெள்ளிகளை திரு.இராஜரட்டினம் அவர்கள் கட்டவேண்டும்- அமெரிக்கா நீதிமன்றம் தீர்ப்பு

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Rajaratnam Ordered to Pay $92.8 Million Penalty

A federal judge on Tuesday ordered the convicted hedge fund titan Raj Rajaratnam to pay a $92.8 million penalty, the largest ever assessed against a person in a Securities and Exchange Commission insider trading case.

Combined with the fines and forfeitures ordered last month when he was sentenced to 11 years in prison for insider trading, Mr. Rajaratnam will be paying a total of $156.6 million.

“The penalty imposed today reflects the historic proportions of Raj Rajaratnam’s illegal conduct and its impact on the integrity of our markets,” said Robert S. Khuzami, the S.E.C.’s head of enforcement.

Legal experts say the S.E.C. fine against Mr. Rajaratnam is noteworthy because in many cases judges will not impose such substantial civil penalties against a defendant who has already been sentenced and ordered to pay stiff criminal fines.

Mr. Rajaratnam’s lawyers argued that given the financial penalties imposed in the criminal case — a $10 million fine and $53.8 million in forfeited profits — additional civil penalties were unwarranted.

http://dealbook.nytimes.com/2011/11/08/rajaratnam-ordered-to-pay-92-8-million-penalty/

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