October 06, 2011
Prosecutors on Thursday asked a New York federal court to sentence a former Galleon Group LLC investment adviser to about three years in prison for helping to bribe former Ropes & Gray LLP lawyers for tips on corporate deals.
September 21, 2011
A New York federal judge on Wednesday sentenced former Galleon Group LLC trader Zvi Goffer to 10 years in prison for allegedly trading on stock tips on upcoming mergers, one of the longest sentences ever imposed for insider trading.
September 15, 2011
Federal prosecutors in New York said Wednesday that former Galleon Group LLC trader Zvi Goffer should get 10 to 12 1/2 years in prison for his "brazen, sophisticated and extensive" scheme to trade on inside tips about corporate deals.
August 31, 2011
A former Galleon Group LLC trader who pled guilty to insider trading charges received a 5 1/2 year prison sentence in New York on Wednesday.
August 25, 2011
A trader who made more than $6 million on illegal tips about mergers should serve at least 5 1/2 years in prison, prosecutors said Wednesday as the massive securities fraud and insider trading case around Galleon Group LLC continues to unfold.
August 01, 2011
Prosecutors on Friday blasted a push in New York federal court for a new trial for a former Galleon Group LLC investment adviser convicted of helping to bribe former Ropes & Gray LLP lawyers for tips on deals, saying the request was wholly unfounded.
July 12, 2011
A former Galleon Group LLC investment adviser convicted of helping to bribe former Ropes & Gray LLP lawyers for tips on deals asked a New York federal judge Tuesday to grant him a new trial, arguing prosecutors lacked evidence that he had access to inside information.
June 30, 2011
A New York federal judge on Thursday sentenced former Ropes & Gray LLP intellectual property lawyer Arthur Cutillo to 30 months in prison for gathering merger tips that went to hedge fund traders including ex-Galleon Group LLC employee Zvi Goffer.
June 13, 2011
A New York jury found former Galleon Group LLC trader Zvi Goffer, his brother and another investment firm associate guilty on all counts in a case alleging they used confidential tips about mergers gleaned from law firm Ropes & Gray LLP.
June 01, 2011
A lawyer for former Galleon Group LLC trader Zvi Goffer attacked the federal government's evidence during closings Wednesday in a New York trial over an alleged scheme to gather merger tips from Ropes & Gray LLP attorneys, calling the case unfair.