M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

A Member of the Law Professor Blogs Network

Tuesday, March 8, 2011

Rajaratnam's judge

According to Bloomberg, Raj Rajaratnam just pulled Judge Richard Howell for his insider trading case.  You'll remember that Judge Howell came down hard on Eugene Plotkin, a former Goldman Sachs banker whose international insider trading scam should be taught to all investment bankers and young lawyers as examples of hubris and doing all the wrong things.  It's got all the elements of a bad movie - hiring a guy to steal advance copies of Business Week, trading ahead of client deals, funneling trades through an aunt's account in Croatia.  You couldn't ask for more.  Anyway, Judge Howell came down hard on Plotkin, calling him a person "with no moral compass" before he sentenced him to 57 months.  Rajaratnam is probably hoping things will go better.

-bjmq

http://lawprofessors.typepad.com/mergers/2011/03/rajaratnams-judge.html

Insider Trading | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef0147e31365fc970b

Listed below are links to weblogs that reference Rajaratnam's judge:

Comments

Post a comment