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In May 2011, hedge fund billionaire Raj Rajaratnam was convicted on 14 counts of insider trading. When is insider trading acceptable? What constitutes illegal insider

In May 2011, hedge fund billionaire Raj Rajaratnam was convicted on 14 counts of insider trading. When is insider trading acceptable? What constitutes illegal insider trading? Why is this type of insider trading considered unethical as well as illegal? Do some research on this case to find out exactly what Rajaratnam did and who else was involved.

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