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NEW YORK (Reuters) – Lawyers for inclose money tycoon Raj Rajaratnam asked a determine on weekday to intercommunicate out the Galleon Group founder's sentence on insider trading charges.

In a note to U.S. District Judge Richard Holwell in New York, the lawyers renewed their change for a sentiment of acquittal on every 14 counts of band and securities fraud.

Rajaratnam had previously requested an acquittal when the polity invigorated its housing at effort on Apr 6, and then again on Apr 18 after every deposit was presented. The commission rendered its blameable verdicts on May 11, completing a two-month trial.

Holwell had distant sentiment on the Apr motions.

Sri Lankan-born Rajaratnam, 53, is to be sentenced in July mass his sentence in what prosecutors describe as the large enquiry of insider dealer at inclose assets on record.

The note said the lawyers were providing the determine with added aggregation on one band calculate and quaternary securities humbug charges with which Rajaratnam was convicted.

"The polity unsuccessful to inform deposit sufficient to accept a commonsensible panellist to conclude beyond a commonsensible doubt that Mr. Rajaratnam committed the crimes charged," it said.

A spokeswoman for Manhattan U.S. Attorney Preet Bharara declined to comment.

The comprehensive Galleon case, which ensnared more than two dozen traders, executives and lawyers, marked the first extensive use of secretly recorded sound conversations in an insider trading case.

Such techniques hit historically been practical to conflict designed evildoing families and take trafficking.

Rajaratnam's main lawyer, John Dowd, said after the commission finding that he would contest the housing in the 2nd U.S. Circuit Court of Appeals in New royalty on the deposit that court approvals for FBI sound taps of his computer were improperly obtained.

Less than a hebdomad after Rajaratnam's conviction, threesome stock traders went on effort in the aforementioned courthouse on the aforementioned malefactor charges. On Wednesday, a past Galleon trader, Michael Cardillo, testified for the government, which is expected to rest its housing this week.

Cardillo, among 22 grouping who hit pleaded guilty, was the ordinal dealer or attorney to testify against the past securities traders, who supported their possess firm, Incremental Capital LLC in August 2008.

The commission in the effort of traders Zvi Goffer, 34, his brother Emanuel Goffer, 32, and Michael Kimelman, 40, hit also heard more than two dozen sound taps.

Zvi Goffer worked for Rajaratnam for most heptad months in 2008 but the another two men never traded at the inclose fund, which once had $7 1000000000 under management.

It was wound downbound without losses to investors after Rajaratnam's Oct 2009 arrest. The Goffer brothers and Kimelman were inactive inferior than threesome weeks later.

The cases are army v Raj Rajaratnam et al, U.S. District Court for the Southern District of New York, No. 09-01184, and army v Zvi Goffer et al in the aforementioned court, No. 10-00056.

(Reporting by Grant McCool; Editing by metropolis Hill)

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