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Rajaratnam Agrees to Pay $1.5 Million Disgorgement in SEC Case

Dec. 26 (Bloomberg) -- Galleon Group LLC co-founder Raj Rajaratnam, who is serving 11 years in prison for insider trading, agreed to pay disgorgement of about $1.5 million in a civil case brought by the U.S. Securities and Exchange Commission.

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To contact the reporter on this story: Joel Rosenblatt in San Francisco at jrosenblatt@bloomberg.net

To contact the editor responsible for this story: Peter Blumberg at pblumberg1@bloomberg.net

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