Last Trivium Insider Trading Defendant Settles SEC Suit

Law360, New York (September 20, 2011, 4:17 PM EDT) -- A Polycom Inc. executive on Monday became the final defendant to settle a securities suit in New York over alleged insider tips about corporate deals provided to Trivium Capital Management LLC co-founder Robert Feinblatt and others, in a case related to the Galleon Group LLC scandal.

Software executive Sunil Bhalla, who was sued by the U.S. Securities and Exchange Commission along with a trio of other defendants in January as part of the agency's broader investigation into insider trading at Galleon, agreed to a civil penalty...
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