New York lawyer pleads guilty in Galleon insider-trading case

NY lawyer pleads guilty in Galleon case

new york state supreme court

A New York-based lawyer is the latest person to plead guilty of being involved in the Galleon insider-trading case, which is believed to be the largest of its kind ever to be investigated.

Arthur Cotillo is the 15th person to plead guilty as part of an investigation into insider trading at hedge fund Galleon Group. Twenty-seven people have so far been named as being under investigation.

Formerly of law firm Ropes & Gray, Cotillo faced two charges of fraud and conspiracy relating to mergers and

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