Scott A. Meyers, a securities litigation partner in Ulmer & Berne LLP’s Chicago Office, was a featured guest on Bloomberg TV on October 22nd, discussing the insider trading scandal at embattled hedge-fund Galleon Group. 
 
When asked about the former employee who has turned government informant against Galleon co-founder Raj Rajaratnam, Mr. Meyers commented, “There is an old saying in these cases ‘the first person on the bus gets the best seat.’  It’s not uncommon for somebody to cut a deal with the government to try and reduce – and in this case – her sentence, and try and provide very helpful information.  She’s certainly going to be a central figure in this case and her credibility and veracity is really going to be the cornerstone of both the SEC’s and the DOJ’s ability to prosecute this case effectively.”

To view the entire interview featuring Scott, visit www.bloomberg.com or click on the following link:

http://tinyurl.com/yfmmq4a

As a partner with Ulmer & Berne, Scott’s practice concentrates on civil litigation and arbitration, regulatory investigations and enforcement proceedings, internal investigations, and employment disputes in the securities and financial services industries, with a particular emphasis on hedge funds, investment advisers, and broker-dealers. Scott has been named as one of The Best Lawyers in America®, an Illinois Super Lawyer, and a Leading Lawyer.  Scott has successfully litigated a number of high-profile matters, and his victories include complete defense verdicts in a $900 million securities arbitration involving allegedly fraudulent analyst research, and a $450 million securities arbitration involving complex hedging transactions with synthetic derivatives.  Scott is a 1991 cum laude graduate of Georgetown University Law Center where he received a John M. Olin Law & Economics Fellowship, and a 1988 cum laude graduate of the Wharton School at the University of Pennsylvania.

Ulmer & Berne, established in 1908, is a full-service regional firm with 175 attorneys in Cleveland, Columbus, Cincinnati and Chicago.  Ulmer & Berne represents publicly traded and privately held companies, financial institutions, pharmaceutical companies, family businesses, international joint ventures and affiliations, investor groups, start-ups and emerging businesses, public bodies and nonprofit organizations. For more information, visit www.ulmer.com.