November 8, 2009

Feds Arrest Boston Attorneys


Feds arrested "Arthur Cutillo, 33, an attorney at white-shoe law firm Ropes & Gray who is accused of providing information about companies such as 3Com and Alliance Data Systems."

"According to a complaint filed by the SEC, Goffer, 32, gave one of his tipees a disposable phone so they could share information about Bain Capital's impending acquisition of 3Com. After the deal was announced, he pulled out the SIM card, bit it, broke the phone in half and disposed of the two pieces separately."

"Among the firms that allegedly had their deals leaked through Cutillo were private equity bigwigs Silver Lake, Bain Capital and TPG Capital."

http://www.nypost.com/p/news/business/feds_bust_octopussy_insider_trader_rCMNdPbXKFdOlscUQqRntI

Feds bust 'Octopussy' insider trader-tipster
By BRUCE GOLDING and KAJA WHITEHOUSE
New York Post
Last Updated: 4:56 AM, November 6, 2009
Posted: 1:10 AM, November 6, 2009

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[From Wall Street Journal]

http://blogs.wsj.com/law/2009/11/06/whats-to-become-of-ropes-gray/

November 6, 2009, 12:55 PM ET
What’s to Become of Ropes & Gray?
By Ashby Jones
Wall Street Journal

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[From Boston Globe]

http://www.boston.com/business/articles/2006/03/15/harvard_law_group_hits_ropes__gray/

Harvard Law group hits Ropes & Gray
By Sacha Pfeiffer,
Boston Globe Staff
March 15, 2006

"Ropes hires more Harvard graduates than any other Boston firm, according to Mark Weber, the school's assistant dean for career services, who said Ropes has a 'great pipeline coming from Harvard' and noted there is a 'Ropes Gray Room' on campus.
Of last year's graduating class of about 550, 17 of the 43 graduates hired by Boston firms went to Ropes & Gray, an 'extraordinary' rate, Weber said."

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