Ex-Ropes & Gray Lawyer Pleads Guilty To Scheme

Law360, New York (December 10, 2009, 7:15 PM EST) -- Former Ropes & Gray LLP attorney Brien P. Santarlas has pleaded guilty to criminal charges associated with his role in an alleged $20 million insider trading ring connected to Galleon hedge fund founder Raj Rajaratnam, admitting that he stole sensitive client information about acquisitions in exchange for cash.

The 33-year-old Hoboken, N.J., patent lawyer entered his plea in a hearing before U.S. Magistrate Judge Andrew J. Peck on Thursday in the U.S. District Court for the Southern District of New York, bowing to federal officials’ wide-ranging...
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