* Florida redefines “beating it.” It may be time to reconsider things if you’re paying $2.99 to watch a hate crime with your pants off. Come on, at least look into some free porn. [Washington Post]
- Bingham McCutchen, Department of Justice, Google / Search Engines, Insider Trading, Michael Jackson, Morning Docket, Trials, Violence, Women's Issues
- 9th Circuit, Baker & McKenzie, Bingham McCutchen, Divorce Train Wrecks, Football, Gibson Dunn, Immigration, Insider Trading, Morning Docket, Sports
* Meanwhile, Bingham McCutchen is preemptively suing Frank McCourt for letting them screw him over so badly. [Los Angeles Times]
* The Ninth Circuit ruled that the most controversial parts of the Arizona immigration law will remain blocked. [Washington Post]
* A man was fired from his job as a part-time urine monitor because he was born a woman. He’s suing (with help from Gibson Dunn), but has already found new employment. As a package handler. [New York Times]
* Speaking of packages, this employment discrimination lawsuit filed against a Dallas law firm is struggling with penis ID. [ABA Journal]
- Biglaw, Cravath, Crime, Fast Food, Fried Frank, Gay, Gay Marriage, Insider Trading, Kids, Labor / Employment, Mergers and Acquisitions, Securities and Exchange Commission, Securities Law, Skadden Arps, Wall Street, White-Collar Crime, Wilson Sonsini
Matt Kluger, Ex-Biglaw Associate Charged With Insider Trading, Is A Gay Dad — and Once Sued Fried Frank Over ItBy David Lat
“Aww, Matt, why do you have to go around giving us a bad name?”
Ever since Matthew Kluger was charged in a massive insider trading case, involving an alleged conspiracy that spanned 17 years and generated more than $32 million in profit, the foregoing question could be asked by many groups: Cornell grads, NYU law grads, Cravath lawyers, Skadden lawyers, and Wilson Sonsini lawyers.
Tonight we can add more groups to the list: Fried Frank lawyers, and gays — specifically, gay dads.
As reported by the Wall Street Journal earlier tonight, Matt Kluger worked at yet another major law firm: Fried Frank. After he was fired by the firm in 2002, he sued, claiming that partners there discriminated against him because he’s gay — and a father of three, with parenting responsibilities.
Just when you thought this case couldn’t get any weirder, it just did. Matthew Kluger is gay. And a dad. With three kids. Thanks for sending America such a positive image of LGBT parents, Matt!
Let’s take a closer look at Kluger’s suit against Fried Frank — and additional details about Matt Kluger’s complicated personal life, gleaned from ATL tipsters….
- 4th Circuit, 5th Circuit, Animal Law, Barack Obama, Bernie Madoff, Crime, Free Speech, Insider Trading, Jeffrey Skilling, Morning Docket, Pets, Politics, Trials, Wall Street, White-Collar Crime
* Former Enron CEO Jeffrey Skilling’s appeal was denied by the Fifth Circuit. While he remains the smartest guy in the room, the room consists of him and a half-wit cellmate whose only discernible talent is making Prune-o. [WSJ Law Blog]
* Bruce Fein, an attorney who worked on Clinton’s impeachment and called for Bush’s impeachment as well, has drafted articles of impeachment for Barack Obama. His high crime and misdemeanor? Time theft. [Politico]
* An Ohio man has been charged with a misdemeanor for barking at a police dog. When asked why he was barking at the female dog, the man calmly replied, “Bitch owes me money.” [CBS News]
* The government rested its case in the Raj Rajaratnam trial yesterday. Of additional note is the fact that Rajabba sits ten feet behind his defense table, partially obstructed from the jury box. You can’t completely block Rajabba from view. You can only wish to contain him. [New York Times]
* The government has warned attorneys for former Madoff employees not to use money that might be associated with Madoff’s Ponzi scheme. That includes, for their own health, any ass pennies. [ABA Journal]
* The Fourth Circuit rules in favor of a pundit-professor, in a case about the free speech rights of faculty members at public universities. [Chronicle of Higher Education]
* Charlie Sheen is trying to trademark his catchphrases now. He’s overexposed like a frostbitten penis — is there anything funny left to say about him at this point? (We might try; check in later.) [Forbes]
- Biglaw, Cravath, Crime, Insider Trading, Lawyer of the Day, Mergers and Acquisitions, NYU Law School, Skadden Arps, Wall Street, White-Collar Crime, Wilson Sonsini
There’s no contest today for Lawyer of the Day honors. The clear winner is Matthew Kluger, a former associate at three leading law firms, who has been charged in a massive insider trading case. Kluger stands accused of reaping more than $32 million in profit over the course of a 17-year conspiracy, which also allegedly involved a trader, Garrett Bauer. (Kluger and Bauer might not be as big as Raj Rajaratnam, who’s pretty hefty, but their supposed scheme is nothing to scoff at.)
The charges were filed by Paul Fishman, U.S. Attorney for New Jersey (disclosure: my former office). Fishman claims that Matt Kluger passed along insider information that eventually made its way, via an unnamed co-conspirator, to Garrett Bauer, who traded on it. According to the complaint, Kluger and Bauer invested more than $109 million in the scheme, which yielded profits of more than $32.2 million.
Where did Kluger allegedly obtain the inside information? From the three Biglaw firms where he once worked on M&A deals….
- Celebrities, Fashion, Fashion Is Fun, Insider Trading, Libraries / Librarians, Morning Docket, Yale Law School
* Former New York assistant AG Simone Levine is attempting to reverse the assistant AG jinx, accepting a job with the police monitor’s office in New Orleans. I have nothing to add here other than to say Bad Lieutenant: Port of Call New Orleans owned. [NOLA.com]
* Barry Bonds’s jury will consist of 8 women and 4 men. Giants fans were disqualified for an inability to be impartial. Mets fans were disqualified as suicide risks. [Bloomberg]
* Is associate hiring bouncing back? Not so fast. [Young Lawyers Blog]
* Tape-recorded trash talk at the Raj Rajaratnam trial. [Dealbreaker]
* Here’s a good response to Mark Herrmann’s request for examples of crappy behavior by partners: “Miss a deadline, and then throw your secretary and associate under the bus when called out for it.” [South Florida Lawyers]
* Our tipster, a Georgetown Law alum, has the credited response: “[T]his must have been a GULC student mad he/she could have gone to Texas, gotten a 3500 sq foot wife and a Lexis, and graduated with the same presTTTige.” [Law Library Feedback Blog]
* Law firms have been supporting Japan relief efforts (see here and here), but Felix Salmon urges you not to give money to Japan (or if you do donate to a relief organization, make sure your donation is unrestricted). [Reuters]
* Tax time is just a month away. What should be America’s top tax rate — 25 percent or 49 percent? [TaxProf Blog]
* This illustration of Justice Thurgood Marshall isn’t racist, is it? [Zoopreme Court]
* A Happy St. Patrick’s Day, from Elie — after the jump….
- Akin Gump, Blogging, Google / Search Engines, Insider Trading, John Dowd, Kenneth Starr, Non-Sequiturs, Privacy, S.D.N.Y., Technology, Trials, White-Collar Crime, Winston & Strawn, Yolanda Young
* Superstar criminal defense lawyer John Dowd, the Akin Gump partner who successfully got Monica Goodling (among many other clients) out of legal trouble, offered a rousing defense of Raj Rajaratnam today. [Dealbreaker]
* Ex-Winston & Strawn partner Jonathan Bristol, former counsel to money manager / fraudster Kenneth Starr, has reached a plea agreement with S.D.N.Y. prosecutors. [New York Law Journal via Summary Judgments]
* Elsewhere in Ken Starr news, it seems that some celebs are getting hit with IRS tax liens as a result of their ties to him. [TaxProf Blog]
* Congratulations to a 3L at Harvard Law School, Nneka Ukpai, who trounced the prosecution at trial and won an acquittal for her client. [Yolanda Young / On Being a Black Lawyer]
* Congratulations to a 3L at NYU Law and future S.D.N.Y. law clerk, Eli Northrup, who belongs to a hip-hop band called Pants Velour — which has, in the words of our tipster, “captured the magic of Charlie Sheen as only music can.” [YouTube]
- Davis Polk, Death Penalty, Deaths, Morning Docket, S.D.N.Y., Securities and Exchange Commission, Securities Law, U.S. Attorneys Offices
* The S.E.C. is being attacked again about its ethical standards. It’s not like these problems started with Cam Newton. I mean, the S.E… what’s that? The Securities and Exchange Commission? What? No, I don’t even know what that is. What does that have to do with football? [New York Times]
* Horrifying syphilis experiments keep coming back to haunt the United States government. That’s so syphilis. [Charlotte Observer]
* A judge helped cut an attorney out of his father’s will and claimed he was still able to act impartially on a case the attorney was handling. That sh*t-eating grin on the judge’s face every time the attorney spoke? Oh, that was just a joke he remembered. [WSJ Law Blog]
- Benchslaps, Biglaw, Dewey & LeBoeuf, Insider Trading, Musical Chairs, Non-Sequiturs, Orrick Herrington & Sutcliffe, Trials, Wall Street
* The epic insider trading trial of Raj Rajaratnam got underway today. Bess Levin, of our sister site Dealbreaker, comes up with a (rather hilarious and bizarre) list of possible character witnesses for Raj. [Dealbreaker]
* Speaking of the Rajaratnam trial, who were those mystery men observing the proceedings in the courtroom? [Clusterstock]
* Talk about a benchslap: “Mr. Redlich continues to display an apparent disregard for the time and resources that this court must expend in interpreting his poorly-drafted pleadings and analyzing his sloppily-constructed and thinly-researched memoranda.” [Albany Times-Union]
* Four important lessons, for lawyers and technologists, that can be drawn from Michelangelo’s sculpting of The David. [Ben Kerschberg / Forbes]
* Musical chairs: Sean Patrick Maloney — former aide to Governor Paterson, Governor Spitzer, and President Clinton, and a former candidate for New York Attorney General — joins Orrick from Kirkland. [Orrick (press release)]
* Did you know that March is Women’s History Month? [In Custodia Legis]
* On a more festive note, Happy Mardi Gras! [Twitpic]