* A former Ropes & Gray attorney caught up in the Galleon Group insider trading scandal, Brien Santarlas, testified yesterday that he was paid thousands of dollars for tips. Then, he was told “to dispose of the phone — break it in half, submerge it in water and put it in a garbage can.” He […]
When I worked in private practice, I once had a case opposite Ropes & Gray. The Ropes lawyers made a highly positive impression on me. They were very talented advocates (and they continue to be talented advocates; note the firm’s recent, high-profile victory in the defense of an in-house lawyer for a drug company). Of […]
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* Lawsuit lending, i.e., investing in lawsuits, is a booming business — but are plaintiffs getting screwed (again)? [New York Times] * The “state secrets” doctrine goes before the Supreme Court tomorrow. [USA Today via How Appealing] * Elsewhere in SCOTUS news, Justice Breyer gets a shout-out in the title of a new study: “‘People […]
Today the winners of Lawyer of the Day honors are obvious. Congratulations to Arthur Cutillo, Michael Kimelman, and Jason Goldbfarb, three attorneys who stand accused of involvement in the infamous Galleon Group insider trading scheme. Both Cutillo and Kimelman have distinguished pedigrees, with ties to two top firms. Cutillo (left), a holder of an M.S. […]
The news was first reported by CNBC. See Dealbreaker for more details. We have phone calls and emails in to Ropes & Gray and are waiting to hear back. We will keep you posted on further developments. If you have more info, please email us. Thanks. UPDATE (10:00 AM): According to Bloomberg, the FBI has […]