Ex-Lawyer Tells Goffer Jury He Traded 3Com Merger Tips for Cash

Lock
This article is for subscribers only.

The jury in the trial of former Galleon Group LLC trader Zvi Goffer heard from a disbarred lawyer who told of using prepaid cell phones to pass along merger tips gleaned from his former law firm and taking cash-stuffed envelopes in return.

Brien Santarlas, 34, who worked as an attorney in the New York office of the firm Ropes & Gray LLP, testified yesterday in the trial of Goffer, a former employee of Galleon Group LLC co-founder Raj Rajaratnam, and two other men on trial for insider trading in federal court in Manhattan.