Ex-Galleon Trader Asks For Lenient Sentence

Law360, New York (August 31, 2011, 10:07 PM EDT) -- Former Galleon Group LLC trader Zvi Goffer — convicted in June of insider trading based on tips about mergers — asked a federal judge Wednesday for a sentence lower than the 10 years in prison suggested by federal guidelines, claiming he had matured since committing his crimes.

“I stand before the court today a humbled man who in many respects is not the same brash, reckless, irresponsible man who committed these crimes,” Goffer wrote in a letter to the New York federal court. “I feel as...
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