Former Ropes & Gray associate Brien Santarlas was sentenced Wednesday in federal district court in Manhattan to six months in prison for his role in the Galleon Group insider trading case, according to sibling publication the New York Law Journal.
U.S. district court judge Richard Sullivan ordered the punishment almost two years after Santarlas pleaded guilty to selling information about Ropes clients to ex-Galleon trader Zvi Goffer. Santarlas and two others-personal injury lawyer Jason Goldfarb and fellow ex-Ropes associate Arthur Cutillo-admitted to collecting $32,500 apiece from Goffer in exchange for information about confidential transactions, including merger agreements and loans. Goldfarb was sentenced to three years in prison, while and Cutillo received a two-and-a-half-year sentence, according to the NYLJ.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
