Trial begins for former hedge fund owner's brother

NEW YORK (AP) — A prosecutor tried to portray a stock trader and his brother, an imprisoned hedge fund owner, as close as twins Wednesday during opening statements in an insider trading trial, but a defense lawyer said they could not have been more different in how they plied their craft.

Assistant U.S. Attorney Christopher Frey pointed at the defendant, Rengan Rajaratnam, 43, as he accused him of teaming up with his brother, Raj, to cheat in the stock market in 2008 on the securities of two technology companies.