The trading scheme uncovered at prominent hedge fund firm Galleon Group last month was widened Thursday to include a number of smaller, less known firms. But it also appears to touch a prominent firm.

Zvi Goffer could have passed for Tony Soprano when he warned confederates in his alleged insider-trading ring that "someone's going to jail."

Federal and state authorities announced charges against 14 new defendants in the Galleon insider-trading scandal.

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Disgraced financier Bernard Madoff's longtime auditor has entered a guilty plea in a federal court in Manhattan.

The first tip from inside Intel reached Raj Rajaratnam more than a decade ago — from the same source who has now turned against him in the biggest insider-trading case in a generation, says the New York Times.

Rajakumara Rajaratnam, the billionaire founder of Galleon hedge fund accused in a wide-ranging insider trading case, wants his bond decreased to $25 million from $100 million, his lawyers said in a court document on Thursday.

Hedge fund firm Galleon Group, whose founder has been charged with insider trading, paid $250 million to its Wall Street banks last year and in return received market information that other investors did not get, the Financial Times reported.

The linking of Advanced Micro Device's former top executive to the largest U.S. insider trading scheme in decades may raise questions about its business practices.

Galleon Group founder Raja Rajaratnam, accused in the biggest ever U.S. criminal prosecution of insider trading at a hedge fund, retained high- powered Washington lawyer John Dowd to represent him.

Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of Steven A. Cohen's SAC Capital Advisors, a sign that the scope of the problem into the largest hedge fund insider trading case in history is expanding, the Wall Street Journal reported, citing people familiar with the matter.

The central witness in a federal insider trading case against Raj Rajaratnam, founder of the Galleon hedge fund, has a more than 10-year history of passing on privileged information to the fund, according to federal court documents.

Billionaire Galleon hedge fund founder Raja Rajaratnam, criminally charged in what U.S. authorities describe as the biggest hedge fund insider trading case ever, met the conditions of his $100 million bond on Thursday, a spokesman said.

Roomy Khan, the central witness who brought down the Galleon hedge fund, is a former Galleon employee with a history of financial trouble who agreed to cooperate with prosecutors after she was caught making trades using inside information, the New York Times reports.

If Mr. Raj Rajaratnam was trading on insider information, as authorities claim, apparently he was not very good at it, the New York Times reports.