Lawyer pleads guilty to NYC insider trading charge
Lawyer Blogs
A lawyer has pleaded guilty to an insider trading charge in New York City, raising to 20 the number of defendants who've done so in what authorities call the largest hedge fund insider trading case ever.
Jason Goldfarb told a Manhattan federal court judge Thursday he made a "horrible mistake" by agreeing to accept money and arrange for secrets about mergers and acquisitions to be passed to a securities trader.
Goldfarb was among more than two dozen people charged. He pleaded guilty to conspiracy and securities fraud. Sentencing is Aug. 19.
Goldfarb's 2009 arrest came as part of the Galleon Group hedge fund prosecution.
Galleon founder Raj Rajaratnam (rahj rah-juh-RUHT'-nuhm) is on trial now. Prosecutors say the Sri Lanka-born Wall Street heavyweight used "corporate spies" to get rich off inside trades. He insists he was merely a savvy investor.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.