Former Galleon Group Employees Represented by BSF in Connection with Insider Trading Investigations
04.15.2011BSF is representing over 50 former Galleon employees in the closely watched insider trading trial of hedge fund mogul Raj Rajaratnam. The legal team is also advising these former employees in related ongoing insider trading investigations by the US Attorney’s Offices for the Southern District of New York and the Central District of California and the SEC’s New York and Philadelphia offices.
Please follow the links below for media coverage regarding the government’s cross-examination of one of BSF’s clients, Rick Schutte, the former President of Galleon, who testified for four days in Galleon founder Raj Rajaratnam’s defense case. BSF partner Alan Vickery is quoted in several of the articles.
Bloomberg, April 15, 2011
Rajaratnams Invested $25 Million in Fund Run by Defense Witness
The Wall Street Journal, April 15, 2011
Questions Over Defense Move
Law360 [subscription], April 14, 2011
Witness Reveals $25M Investment From Rajaratnam