Galleon to Begin Wind-Down of Funds

Courtesy NYT > Business  Tue, 10/20/2009 - 22:00

The Galleon Group, whose founder whose founder is one of six individuals accused of participating in a wide-ranging insider trading scheme, said in a letter to employees and investors on Wednesday that it will begin winding down its hedge funds as it faces investor redemptions.

Read the letter on DealBook.

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