<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/5dd8bdb8-cb42-46fe-bf11-a51dfc8dfddd/4AF94897-CB7B-4CB8-989C-66E2F6E86BE3/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.wsj.com/law/2009/11/05/cnbc-ropes-gray-employees-in-custody-in-galleon-case/" href="http://blogs.wsj.com/law/2009/11/05/cnbc-ropes-gray-employees-in-custody-in-galleon-case/" style="font-size: 11px;">blogs.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/law/2009/11/05/cnbc-ropes-gray-employees-in-custody-in-galleon-case/"><H1>Ropes & Gray Lawyer In Custody In Galleon Case</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/law/2009/11/05/cnbc-ropes-gray-employees-in-custody-in-galleon-case/"><P><STRONG>Third UPDATE: (10:26 a.m.)</STRONG> Part of the <SPAN id="apture_prvw1" class="aptureLink "><SPAN class="aptureLinkIcon"> </SPAN><A href="http://online.wsj.com/public/resources/documents/probecomplaint110509.pdf" class="aptureLink snap_noshots">complaint</A></SPAN> focuses on alleged insider information provided by Cutillo to another defendant about deals in which Ropes & Gray was a legal advisor, including the acquisition of Axcan Pharma Inc. by TPG Capital in November 2007; Silver Lake and TPG’s purchase of Avaya Inc. in June of that year, and Bain Capital Partners’ acquisition of 3Com in September of that year.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/law/2009/11/05/cnbc-ropes-gray-employees-in-custody-in-galleon-case/"><P>The arrests follow criminal charges last month against Raj Rajaratnam, founder of hedge-fund Galleon Group, and five others in a $20 million insider-trading case. The New York office of the FBI said the individuals were primarily taken into custody in New York. One person was arrested in New Jersey and one person was arrested in Connecticut.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/law/2009/11/05/cnbc-ropes-gray-employees-in-custody-in-galleon-case/"><P>A spokesman for Ropes & Gray declined to comment. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4AF94897-CB7B-4CB8-989C-66E2F6E86BE3/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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