United States v. Rajaratnam

JOSÉ A. CABRANES, Circuit Judge:

In this “insider information” securities fraud case, we consider two issues on appeal raised by defendant-appellant Raj Rajaratnam. The first issue is whether the United States District Court for the Southern District of New York (Richard J. Holwell, Judge) should have suppressed the evidence obtained by the government’s wiretap of Rajaratnam’s cell phone. Specifically, Rajaratnam argues that the District Court erred by applying the analytical framework set forth in Franks v. Delaware, 438 U.S. 154, 98 S.Ct. 2674, 57 L.Ed.2d 667 (1978), to determine whether…