Galleon Defendants Can't Shake Insider Trading Case

Law360, New York (January 5, 2011, 1:43 PM EST) -- Five defendants who allegedly participated in the Galleon Group insider trading ring along with a former Ropes & Gray attorney lost bids Wednesday to dismiss charges against them or to bar the use of wiretap evidence.

Judge Richard J. Sullivan issued a series of rulings from the bench in the U.S. District Court for the Southern District of New York on dismissal and suppression motions, giving the defendants' attorneys little chance to change his mind. Additionally, he ruled against a request to try defendant Zvi Goffer's...
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