A third lawyer implicated in the insider-trading ring allegedly run by broker-dealer Zvi Goffer has pleaded guilty. Jason Goldfarb, formerly with the personal injury firm of Brecher Fishman Pasternak Walsh Tilker & Zeigler, pleaded guilty yesterday to single counts of conspiracy and securities fraud before Southern District Judge Richard Sullivan.
Mr. Goldfarb, 32, was arrested in 2009 as part of the broader insider-trading probe centering on the Galleon Group hedge fund. The fund’s founder, Raj Rajaratnam, is now on trial before Judge Richard Holwell. Mr. Goldfarb is accused of being a go-between for information passed from former Ropes & Gray patent attorney Arthur Cutillo, a former college roommate, and Mr. Goffer. Prosecutors say Mr. Goffer was called “Octopussy” because his scheme reached into so many companies for information.
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