Govt: Galleon founder wanted edge in stock trading .
Legal News Center
The U.S. government claims a one-time billionaire wanted an edge in the trading of stocks for his hedge funds and was willing to break the law to get it.
The trial resumes Monday in Manhattan federal court for Galleon Group founder Raj Rajaratnam (rah-juh-RUHT'-nuhm.)
He's the only one of more than two dozen people charged in the insider trading crackdown to face trial. Nineteen have pleaded guilty.
The government alleges Rajaratnam earned more than $50 million illegally by trading on inside information since 2003.
His lawyer, John Dowd, says Rajaratnam had the best research in the business and did not need to trade illegally. Rajaratnam has pleaded not guilty to conspiracy and securities fraud charges.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.