Rajaratnam then sold short more than 650,000 shares in the next couple of days, according to the SEC. After leaving Xilinx to join Galleon, Chellam "continued to obtain confidential information about Xilinx's financial performance, which he tipped to Rajaratnarn and other Galleon colleagues with the expectation of receiving a benefit for doing so." The complaint said that Chellarn "knew, recklessly disregarded, or should have known, that the material nonpublic information concerning Xilinx that he obtained and tipped was disclosed or misappropriated in breach of a fiduciary duty, or similar relationship of trust and confidence."