Feds Seek Prison For Ex-Atty In Galleon Spinoff Case

Law360, New York (May 6, 2011, 4:47 PM EDT) -- Federal prosecutors told a New York district court Thursday that former Ropes & Gray LLP associate Arthur Cutillo, soon to be the first defendant sentenced in the Galleon Group LLC insider trading scandal, should serve 30 to 37 months in prison.

The government's sentencing memorandum followed last week's request from Cutillo, 34, that the judge refrain from sentencing him to any prison time on the charges of securities fraud and conspiracy to commit securities fraud that he pled guilty to in December.

Prosecutors said Thursday that...
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.