Bloomberg - Doug Whitman, founder of hedge-fund Whitman Capital of Menlo Park, California, was found guilty by a jury in front of Judge Jed Rakoff in Manhattan of passing on inside information. Prosecuting attorney Pete Bharara led the charge. The duo of Judge Rakoff and Mr. Bharara have been most successful in bringing leakers of inside info to justice, proving that "The rules do apply". Up to 66 convictions to date have been racked up.
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