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He added, nevertheless, that illness does not provide “a get-out-of-jail-free card.”The herve leger choose also cited the multimillionaire’s charitable work including serving to victims of natural disasters in Sri Lanka, Pakistan and within the United States.Rajaratnam, standing with his lawyers and searching straight ahead, was expressionless after hearing the sentence. The Sri Lanka-born fund supervisor as soon as stood atop a $7 billion New York hedge fund, however was found guilty of operating a network of informants who equipped him with company secrets and techniques.The sentence was lighter than the 19-1/2 yr minimum term that prosecutors had sought, and was only slightly more than the 10 years handed down lately to a former Rajaratnam worker at the now-shuttered Galleon Group hedge fund from herve leger. Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street buying and selling scandal in a era, was ordered to serve eleven years in prison, the longest sentence ever in an insider-buying and selling case but far lower than prosecutors sought.
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