Goffer, 6 Others Plead Not Guilty To Galleon Charges

Law360, New York (February 2, 2010, 4:57 PM EST) -- Zvi Goffer, the trader known as “Octopussy” in the government's investigation of insider trading at the Galleon Group LLC hedge funds, and six other defendants reportedly pled not guilty to criminal charges Tuesday.

The pleas were entered in the U.S. District Court for the Southern District of New York, according to Reuters. Goffer appeared in court wearing a track suit, the news agency said.

On Monday a battle heated up in the Galleon civil proceedings over federal prosecutors' inadvertent turning over of seven CDs worth of...
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