BRIEF-Elysian at Harmony says raises $15.5 million in equity financing
* Elysian at Harmony LP says raises $15.5 million in equity financing - SEC filing Source text: (http://bit.ly/2rHDrWQ)
NEW YORK, March 21 The brother of convicted Galleon Group founder Raj Rajaratnam was indicted Thursday on insider trading charges.
Prosecutors said Rengan Rajaratnam, 42, allegedly conspired with his brother to trade on non-public information concerning Clearwire Corp and Advanced Micro Devices, Inc in 2008.
Rengan was a former portfolio manager at Galleon. The trades resulted in nearly $1.2 million in profits, according to the Manhattan U.S. Attorney's Office.
* Synlogic Inc says raises $42 million in equity financing - SEC filing Source text: (http://bit.ly/2rHsKU9)
NEW YORK, May 26 "Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of U.S. mutual funds doing exactly that this year.