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

Filing 253

STIPULATION AND ORDER Modifying Final Judgment as to Defendant Raj Rajaratnam that Section IV of the Final Judgment (Doc. #252) As To Defendant Raj Rajaratnam entered by the Court on November 8, 2:011 be modified and amended so that Mr. Rajaratnam be required to pay civil penalties to the SEC as follows: $50,000,000 within fourteen days of the date of the entry of the final judgment and the balance of the penalty, $42,805,705, on or before January 15,2012. All other terms of the Final Judgment As To Defendant Raj Rajaratnam remain unchanged. (Signed by Judge Jed S. Rakoff on 11/11/11) (ml)

11/11/2011 11:08 FAX [phone]

\4)003

AKIN GlHiP

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OFNEW YORK

SECURITIES AND EXCHA~GE COMMISSION,
Plaintiff'
No.09-CV-8811-JSR
ECFCASE

- V.­

GALLEON MANAGF,MENT, LP, et al. t
Defendants.
STIPULATION AND I ORDER MODIFYING FINAL JUDGMENT AS TO DEFE~DANT
RAJRAJARATNAM
IT IS HEREB Y STIPULATED AND AGREED, by and between the undersigned
counsel, that Section IV' of the Final Judgment As To Defendant Raj Rajaratnam entered by the
Court on November 8, 2:011 be modified and amended so that Mr. Rajaratnam be required to pay
civil penalties to the SEC as follows: $50,000,000 within fourteen days of the date of the entry
of the final judgment and the balance of the penalty, $42,805,705, on or before January 15,2012.
All other terms ofthe Final Judgment As To Defendant Raj Rajaratnam remain unchanged.

Dated: November 10, 2Q11

Terence J. Lynam (admitted pro hac vice)
William E. White (admitted pro hac vice)
Akin Gump Strauss Hauer & Feld LLP
1333 New Hampshire Ave., NW
Washington, D.C. 20036
[phone]
Samidh Guha (SG-5759)
Akin Gump Strauss Hauer & Feld LLP
One Bryant Park
New York, NY 10036
[phone]
Attorneys for Raj Rajaratnam

1

11/11/2011 11:09 FAX [phone]

[4J 004

AKIN GUMP

Valerie A. Szczepanik

Kevin McGrath

.

.

Securities and Exchange Connnission

3 World Financial Center - Room 400

New York, NY 10281

[phone] .
Attorneys for the Securities and Exchange
Commission

SO ORDERED:

.Dated:

Ol-able Jed S. Rakoff
tates District Judge

2

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