Ropes & Gray Atty Charged In Insider Trading Probe

Law360, New York (November 5, 2009, 5:40 PM EST) -- An associate at Ropes & Gray LLP was arrested Thursday as part of an ongoing government investigation of insider trading at hedge funds and stock trading firms that last month ensnared Raj Rajaratnam, founder of Galleon Group.

According to the Manhattan U.S. attorney's office, Ropes & Gray associate Arthur Cutillo was arrested Thursday at his home in Ridgewood, N.J.

In a criminal complaint also filed Thursday, Cutillo was named as a source of inside information for an insider trading network allegedly run by Zvi Goffer, a...
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