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Ex-Galleon Trader Says Atty Deprived Him Of Newman Defense

Law360, New York (April 3, 2015, 5:29 PM EDT) -- Former Galleon Group LLC trader Zvi Goffer said Friday that his insider trading conviction and 10-year sentence should be vacated because his appellate lawyer failed to raise the “personal benefit” defense that ultimately exonerated Todd Newman and Anthony Chiasson.

Attorneys for Goffer argued in a New York federal court filing that his prior counsel, Brooklyn criminal defender Alexander Martin Dudelson, displayed “incompetence” by failing to use the Newman defense despite repeated requests to do so.

Dudelson’s January 2012 brief to the Second Circuit primarily argued that jurors had received improper instructions regarding the definition of material, nonpublic information. According to Goffer,...

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January 21, 2010

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