Insider Trading Case
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.
Associated Press via NJ.com
The Business Week Article