Atty Tarnishes Witness Testimony In Galleon Trial

Law360, New York (April 11, 2011, 3:30 PM EDT) -- A former lawyer for Galleon Group LLC founder Raj Rajaratnam told jurors in New York on Monday that a federal government cooperator had denied knowing about insider trading at the hedge fund, casting a shadow on the key witness' testimony.

Robert H. Hotz of Akin Gump Strauss Hauer & Feld LLP took the stand for the defense in Rajaratnam's criminal trial in the U.S. District Court for the Southern District of New York, discussing meetings held with former Galleon portfolio manager Adam Smith in February and...
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