Galleon Tipper Rajiv Goel Tells Jury About Intel Disclosures
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Rajiv Goel, who worked in Intel Corp.’s treasury group, told a federal jury how he passed confidential information to his “pal” Raj Rajaratnam, the Galleon Group LLC co-founder on trial for insider trading.
Goel, who is testifying for prosecutors in a bid for leniency after pleading guilty to conspiracy and securities fraud, took the witness stand and said he told Rajaratnam about Intel’s earnings in 2007 and a $1 billion transaction in 2008.