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Law Firms Build Up D.C. Clout to Handle a Changing Congress
As a newly Democratic Congress finds its footing, law firms are jockeying for government relations talent to handle a possible deluge of congressional investigations and legislation. At least a dozen firms have announced key appointments or talks with potential hires, and two firms -- Mayer, Brown, Rowe & Maw and Venable -- have formed practice groups focusing on congressional oversight and investigations work. Also expected to swell workloads: new deposition powers of the House's main investigative body.The case against hedge fund founder Raj Rajaratnam, who filed a 32-page response to the Securities and Exchange Commission on Tuesday, will be keeping a lot of lawyers preoccupied over Thanksgiving.
Galleon Founder Accused of Insider Trading Blasts Wiretap Use
Billionaire hedge fund founder Raj Rajaratnam responded forcefully to SEC insider trading charges in papers filed Tuesday by his lawyers at Akin Gump, who claim that wiretaps that federal investigators used to implicate Rajaratnam in a $20 million insider trading ring were unconstitutional. They also say the Galleon Group founder was already working with investigators on an inquiry into another hedge fund and that he relied on research analysts, not inside information, to grow his business.Akin Gump triggered a worldwide criminal probe back in 2008 when it accused Pittsburgh-based Alcoa of racketeering and fraud on behalf of Aluminium Bahrain. On Tuesday, the firm beat prosecutors to the punch yet again, wresting a long-awaited settlement from Alcoa.
By Mazzarelli, J.P., Andrias, Friedman, Sweeny, Kavanagh, JJ. 239. Kenmore-Tonawanda School District, Claimant-res-ap, v. The State of New York, Defendant
Mazzarelli, J.P., Nardelli, Buckley, Catterson, Malone, JJ. 9584 In re Bradhurst Urban Renewal Area (Stage 1) - - - - - Brattleboro Holding Corp., Index 4009
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