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Galleon Hedge Fund Insider Trading

Insider Trading Case

Stahl Santarlas Galleon Hedge Fund Dec 2009

NEW YORK CITY -- A practicing attorney who lived in New Jersey and practiced law in New York City received a six-month prison term in December 2011 for passing information on pending mergers to stock traders. The case was intertwined with the Galleon Hedge Fund prosecutions for which Raj Rajaratnam, founder of the fund, received an 11-year-federal sentence.

Attorney Robert G. Stahl, who represented the attorney charged with insider trading, used his experience as a former federal white-collar crime prosecutor to help the defendant cooperate with prosecutors and receive a lenient sentence in reward for that cooperation.

 

Coverage in:

Associated Press via NJ.com

The Business Week Article

New York Daily News

 

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