Galleon Case Lawyer: Expect Guilty Pleas

Jan 6 2011 | 3:05am ET

Having lost their bid to have the insider-trading case against them tossed, some of the Galleon Group defendants may be ready to wave the white flag.

A lawyer for one of the seven men accused in the case told U.S. District Judge Richard Sullivan that some of the seven defendants in the case—five of whom sought the dismissal—might plead guilty, after Sullivan ordered them to face trial.


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