Skip to main content
Press Release

Statement Of Manhattan U.S. Attorney Preet Bharara On The Acquittal Of Rengan Rajaratnam

For Immediate Release
U.S. Attorney's Office, Southern District of New York

“While we are disappointed with the verdict on the sole count that the jury was permitted to consider, we respect the jury trial system whatever the outcome, and we thank the jury for their service. This Office maintains its faith in the criminal justice system, a system that has resulted in the convictions by trial or guilty plea of 85 other defendants on insider trading charges. We will continue to seek justice in the investigation and prosecution of those who violate the securities laws of the United States.”

Updated May 18, 2015
Component
USAO - New York, Southern
Press Release Number: 14-200

Related Content

Press Release
Federal Inmate And His Sister Charged With Cyberstalking And Conspiring To Extort Victims By Threatening To Release Sexually Explicit Materials

Damian Williams, the United States Attorney for the Southern District of New York; and James E. Dennehy, the Assistant Director in Charge of the New York Field Office of the...

Press Release
McKinsey & Company Africa To Pay Over $120 Million In Connection With Bribery Of South African Government Officials

Damian Williams, United States Attorney for the Southern District of New York; Nicole M. Argentieri, Principal Deputy Assistant Attorney General for the Criminal Division of the U.S. Department of Justice...

Press Release
Justice Department Files Civil Forfeiture Complaint Against Sanctioned Oligarch’s U.S. Music Studio Sale Proceeds

Damian Williams, the United States Attorney for the Southern District of New York, Michael Khoo, the Co-Director of Task Force KleptoCapture, and James E. Dennehy, the Assistant Director in Charge...