Another Attorney Sentenced in Insider Trading Scheme
The New York Law Journal by Mark Hamblett - October 12, 2011
Michael Kimelman was sentenced to serve 2 1/2 years in prison today for his role in the Zvi Goffer insider trading case. Mr. Kimelman, a non-practicing attorney, "Understood better than most the illegality of this kind of conduct," Southern District Judge Richard Sullivan said in rejecting a plea for leniency by attorney Michael Sommer of Wilson, Sonsini, Goodrich & Rosati. Mr. Kimelman, 40, was convicted on June 13 along with Zvi Goffer and Emanuel Goffer of trading on inside information stolen from Ropes & Gray by then-firm associates Arthur Cutillo and Brien Santaralas. The two lawyers, along with a third attorney, middleman Jason Goldfarb, were paid $32,500 each by Zvi Goffer for providing information on companies such as Axcan Pharma and 3Com Corp. The case was prosecuted by Assistant U.S. Attorneys Andrew Fish and Richard Tarlowe. Emanuel Goffer was sentenced on Oct. 7 to three years in prison. His brother, Zvi Goffer, was sentenced by Judge Sullivan on Sept. 21 to 10 years in prison for taking the lead role in the scheme, which was one of several overlapping insider trading cases connected to his former employee, Galleon Group hedge fund founder Raj Rajaratnam. Mr. Rajaratnam, who was convicted in May of five conspiracies and nine counts of insider trading, is expected to receive a lengthy prison term when he is sentenced this morning by Judge Richard Holwell.
MLK said: "Injustice Anywhere is a Threat to Justice Everywhere"
End Corruption in the Courts!
Court employee, judge or citizen - Report Corruption in any Court Today !! As of June 15, 2016, we've received over 142,500 tips...KEEP THEM COMING !! Email: CorruptCourts@gmail.com
Most Read Stories
- Tembeckjian's Corrupt Judicial 'Ethics' Commission Out of Control
- As NY Judges' Pay Fiasco Grows, Judicial 'Ethics' Chief Enjoys Public-Paid Perks
- New York Judges Disgraced Again
- Wall Street Journal: When our Trusted Officials Lie
- Massive Attorney Conflict in Madoff Scam
- FBI Probes Threats on Federal Witnesses in New York Ethics Scandal
- Federal Judge: "But you destroyed the faith of the people in their government."
- Attorney Gives New Meaning to Oral Argument
- Wannabe Judge Attorney Writes About Ethical Dilemmas SHE Failed to Report
- 3 Judges Covered Crony's 9/11 Donation Fraud
- Former NY State Chief Court Clerk Sues Judges in Federal Court
- Concealing the Truth at the Attorney Ethics Committee
- NY Ethics Scandal Tied to International Espionage Scheme
- Westchester Surrogate's Court's Dastardly Deeds
Wednesday, October 12, 2011
Another Attorney Sentenced in Insider Trading Scheme
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2011
(349)
-
▼
October
(12)
- Judges Matter
- Prudenti Named Chief Administrative Judge
- Prudenti Named To Replace Pfau as Chief Administra...
- Top Administrator Jumps From Corrupt Court Post
- Lawyer's Failure to Safeguard Documents Brings Pen...
- Ex-Attorney Is Indicted for Stealing From Clients
- Another Attorney Sentenced in Insider Trading Scheme
- Dissenting Often, Lippman Establishes a Staunchly ...
- Grand Jury Indicts Two Attorneys in Mortgage Fraud...
- Move to Impose Tougher Supreme Court Ethics
- Disciplinary Case to Proceed Against Surrogate Judge
- Attorney Sanctioned For Wasting Time
-
▼
October
(12)
See Video of Senator John L. Sampson's 1st Hearing on Court 'Ethics' Corruption
The first hearing, held in Albany on June 8, 2009 hearing is on two videos:
Video of 1st Hearing on Court 'Ethics' Corruption
The June 8, 2009 hearing is on two videos:
Posts
6 comments:
What are they teaching these clowns in law school?
How to steal?
Yes,They have been since the 1960`s
He "...understood better than most..." (as a member of the bar) therefore he should get twice as much time in JAIL as a non-attorney!
this judge rh is dirty
ONLY TWO (2)? What's the problem? Certainly there are many more!
This blog is stale - what's the problem, can't find any stories to reprint?
Post a Comment