US-FRAUD 2 LST

Atheros Communications Inc executive Ali Hariri has
been charged with passing on confidential information to a
hedge fund manager Ali Far who has pleaded guilty of fraud and
is now reportedly cooperating with the investigators.

"People will probably ask just how pervasive is
insider trading these days? Is this just the tip of the
iceberg? We aim to find out," said Preet Bharara, the US
Attorney for the Southern District of New York.
Rajaratnam received 13 charges, four counts of
conspiracy and eight counts of security fraud.
Galleon Group is a hedge fund with up to USD 7 billion
in assets under management. Out of the USD 20 million,
Rajaratnam alone made USD 12.7 million in illegal profits for
Galleon.
This is the first case to use authorised wiretaps and
the investigators are still on the job. PTI BS
SDE


The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.