Business

NYC jury picked for ex-hedge fund owner’s brother

By Larry Neumeister
Published June 17, 2014 10:40pm ET
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NEW YORK (AP) — A jury was chosen Tuesday for the insider trading trial of the brother of an imprisoned onetime billionaire hedge fund founder.

Opening statements were scheduled for Wednesday in the case brought against Sri Lankan-born Rengan Rajaratnam, three years after his brother was convicted in Manhattan federal court on insider trading charges.

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