Securities and Exchange Commission v. Galleon Management, LP et al, No. 1:2009cv08811 - Document 253 (S.D.N.Y. 2011)

Court Description: 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) (Entered: 11/15/2011)

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11/11/2011 11:08 FAX 2028874288 \4)003 AKIN GlHiP Securities and Exchange Commission v. Galleon Management, LP et al Doc. 253 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OFNEW YORK SECURITIES AND 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 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 (202) 887-4386 Samidh Guha (SG-5759) Akin Gump Strauss Hauer & Feld LLP One Bryant Park New York, NY 10036 (212) 872-1000 Attorneys for Raj Rajaratnam 1 Dockets.Justia.com 11/11/2011 11:09 FAX 2028874288 [4J 004 AKIN GUMP Valerie A. Szczepanik Kevin McGrath . . Securities and Exchange Connnission 3 World Financial Center - Room 400 New York, NY 10281 (212) 336-0175 . Attorneys for the Securities and Exchange Commission SO ORDERED: .Dated: Ol-able Jed S. Rakoff tates District Judge 2 ___-

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