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

Filing 236

ORDER: The date by which the Court shall determine whether it is appropriate to order a civil penalty against Khan and, if so, the amount of the penalty, is hereby adjourned to December 31, 2011. The Consent Order, and Judgment as to Defendant Roomy Khan shall remain in full force and effect. (Signed by Judge Jed S. Rakoff on 10/17/2011) (ab)

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'-r:;:--'-:: :-:,' :~ :-::-"~:.'- !u :::::. :::==, . ~:--:---~:. :·:-:"-~l d _. , r"£~ 01... r' ,­ .l..i ,"",,"'_" . "".~ 'Cr f?f-Yq___ ~ J...:.:.:J.L..;\.....,..l.t..."."'- -.---,"" T"'i! ·u...,..L_.I '>-,.... '''''-... :----'Lt"D Ji.~, 11 __ ­ -n·f" ... Du v :H-:. _ _ _..,.".~~..,...._ UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK DATE FILED: SECURITIES AND EXCHANGE COMMISSION, Plaintiff, 09 Civ. 8811 (JSR) ECFCASE -against- GALLEON MANAGEMENT, LP, et at, Defendants. ORDER On October 27, 2010, the Court entered a Consent Order and Judgment as to Defendant Roomy Khan. At that time, counsel for the Commission and counsel for Khan asked that the ---- - ---- '"' Court defer a detennination of civil penalties-so that any such detennination could pennit an assessment of Khan's cooperation. Accordingly, the Consent Order provided that the Court would detennine no later than October 27,2011, whether it is appropriate to order a civil penalty against Khan and, ifso, the amount ofthe penalty, Counsel for the Commission and counsel for Khan have jointly requested an adjournment ofthe control date set previously by the Court and have supported that request with good cause. Accordingly, IT IS HEREBY ORDERED, -ADJUDGED, AND DECREED that the date by which the Court shall detennine whether it is appropriate to order a civil penalty against Khan and, if so, the amount of the penalty, is hereby adjourned to December 31, 2011. SOO/WO'd IT IS FURTHER ORDERED that; otherwise, the Consent Order, and Judgment as to Defendant Roomy Khan shall remain in full force and effect. SO ORDERED at New York, New York on the ( )fat of October. 2011. 2 1200/1200'0 L£:80 LLOllPL/OL

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