Securities and Exchange Commission v. Galleon Management, LP et al

Filing 136

ORDER: Given the shortness of time, therefore, the Court will simply indicate that it finds the reasoning in the S.E.C.'s letter wholly persuasive and adopts its reasoning by reference. Accordingly, the Court denies both the motion for certification, which the Court regards as frivolous, and the motion for a stay, which the Court finds would be highly prejudicial to the S.E.C. SO ORDERED. (Signed by Judge Jed S. Rakoff on 2/11/2010) (tve)

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