US Seeks Leniency For Galleon Mole

Law360, New York (January 28, 2013, 2:31 PM ET) -- Prosecutors on Friday asked a New York federal judge for leniency in the upcoming sentencing of former Galleon Group LLC employee Roomy Khan, an admitted insider trader who became a key government cooperator, citing her “substantial assistance.”

“Khan has provided substantial assistance to the government in various insider trading investigations,” prosecutors wrote in a letter to U.S. District Judge Jed S. Rakoff, who is scheduled to sentence Khan on Thursday.

Khan, a former Intel Corp. employee who went to work for Raj Rajaratnam's Galleon Group LLC...
To view the full article, register now.

DEWEY LIVE BLOG

Follow our exclusive coverage of the trial of the year:

Catch up on the dewey trial here