SEC Sues 4 In Galleon Insider Trading Case

Law360 (January 10, 2011, 5:39 PM EST) -- The U.S. Securities and Exchange Commission has charged four new people, including a Trivium Capital Management LLC co-founder and an executive of Polycom Inc., in its investigation of the Galleon Group LLC insider trading ring.

The SEC filed the suit Monday in the U.S. District Court for the Southern District of New York, alleging that Robert Feinblatt, Jeffrey Yokuty, Sunil Bhalla, Shammara Hussain and Trivium Capital Management were involved in an insider trading scheme that netted illicit profits of $15 million.

The suit is part of...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.