In what seems like a new arrest every day, federal prosecutors in both
New York and New Jersey have sought indictments against everyone from
hedge fund managers to lawyers alleging
insider trading activity. At the forefront is the high-profile indictment of Raj Rajaratnam,
a hedge fund manager, who is presently on
trial in the Souther District of New York. Most recently, the US Attorney's Office in New Jersey
indicted an attorney who once worked for Skadden Arps, with stealing secrets about upcoming
and unannounced private deals, and then trading on them. The
indictment alleges that this attorney's behavoir stems from the early 1990s and
and involves several deals and several stocks.
If you or someone you know is being investigated or has been arrested for
securites fraud, insider trading or any other state or federal crime, call
Sullivan & Brill at 646.741.3856.