How insider trader Rajaratnam may delay jail term

November 30, 2011 14:49

Raj Rajaratnam, the hedge fund manager convicted of insider trading, is set to report next week to a federal penitentiary in Ayer, Mass., to serve an 11-year sentence. But on Wednesday morning, his lawyers will head to court in a last-ditch attempt to delay Mr. Rajaratnam's incarceration, in what will most likely amount to a dress rehearsal for his forthcoming appeal. Read more on the New York Times.

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