Former Ropes & Gray associate Brien Santarlas pleaded guilty to conspiracy and securities fraud Thursday, telling a federal judge he stole information about clients of the firm, reaping $32,500 in kickbacks. Santarlas, who is cooperating with the government in the hopes of obtaining a reduced sentence, admitted to stealing confidential information in 2007 on pending mergers and acquisitions as part of a conspiracy with another former Ropes & Gray associate, Arthur J. Cutillo, who was arrested Nov. 5.
December 11, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Another former Ropes & Gray attorney has been swept up in the wide-ranging probe into insider trading in Manhattan.
Former Ropes & Gray associate Brien Santarlas, 33, pleaded guilty to conspiracy and securities fraud Thursday, telling Southern District Magistrate Judge Andrew J. Peck that he stole information about clients of the firm, reaping $32,500 in kickbacks.
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