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

Filing 246

ORDER: It is hereby ordered, adjudged, and decreed that the date by which the Court shall determine whether it is appropriate to order a civil penalty against Goel and, if so, the amount of the penalty, is hereby adjourned to December 30, 2011. It is further ordered that, otherwise, the Consent Order and Judgment as to Defendant Rajiv Goel shall remain in full force and effect. (Signed by Judge Jed S. Rakoff on 10/30/2011) (lmb)

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UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK

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DATE FILED:

SECURITIES AND EXCHANGE COM'MISSION,

Plaintiff,
-against-

09 Civ. 8811 (JSR)
ECFCASE

GALLEON MANAGEMENT, LP, et al.,
Defendants.

ORDER

On November 5, 2010, the Court entered a Consent Order and Judgment as to Defendant
Rajiv Goel. At that time, counsel for the Commission and counsel for Goel asked that the Court
defer a determination of civil penalties so that any such determination could permit an
assessment of Goel 's cooperation. Accordingly, the Consent Order provided that the Court
would detennine no later than November 1, 2011 whether it is appropriate to order a civil penalty
against Goel and, if so, the amount of the penalty. Counsel for the Commission and counsel for
Goel have jointly requested an adjournment of the control date set previously by the Court and
have supported that request with good cause. Accordingly,
IT IS HEREBY ORDERED, ADmDOED, AND DECREED that the date by which the
Court shall detennine whether it is appropriate to order a civil penalty against Goel and, if so, the
amount of the penalty, is hereby adjourned to December 30, 2011.

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IT IS FURTHER ORDERED that, otherwise, the Consent Order and Judgment as to
Defendant Rajiv Ooel shall remain in full force and effect.

SO ORDERED ~t New York. New York on the~~ofOctober, 2011.

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