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

Filing 193

ORDER: In light of the above representations, the Court hereby grants Mr. Schaeffer's motion to be relieved as counsel and approves the substitution of Messrs. DiMento and Marino as new counsel for defendant Steven Fortuna. (Signed by Judge Jed S. Rakoff on 5/3/2011) (tro)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ------------------------ x SECURITIES AND EXCHANGE COMMISSION, Plaintiff, -v- ORDER GALLEON MANAGEMENT, LP, et al., Defendants. x JED S. RAKOFF, U.S.D.J. Pending before the Court is the motion of Richard Schaeffer, Esq., to be relieved as counsel defendant Steven Fortuna and to be replaced as counsel by Francis J. DiMento, Esq., and Michael S. Marino, Esq. In support of this motion, the parties have submitted: (1) an affidavit from defendant Steven Fortuna stating that he has elected to terminate Mr. Schaeffer's representation of him in this case and wishes to retain Mr. DiMento and Mr. Marino as counsel going forwardi (2) affidavits Mr. DiMento and Mr. Marino promis that they will abide by all previously set schedules in this matteri and (3) an affidavit from Mr. Schaeffer stating that he and his firm pledge to cooperate with Mr. Fortuna and his new counsel "with respect to the transition the representation from my firm to them." In light of the above representations, the Court hereby grants Mr. Schaeffer's motion to be relieved as counsel and approves the substitution Messrs. DiMento and Marino as new counsel for defendant Steven Fortuna. SO ORDERED. Dated: New York, New York May ~, 2011 2

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