S.E.C. v. RAJARATNAM

Docket No. 10-462-cv.

622 F.3d 159 (2010)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff-Appellee, v. Raj RAJARATNAM, Danielle Chiesi, Defendants-Appellants, Galleon Management, LP, Ali Hariri, Ali T. Far, Anil Kumar, Choo-Beng Lee, David Plate, Deep Shah, Far & Lee LLC, Gautham Shankar, Mark Kurland, New Castle Funds LLC, Rajiv Goel, Robert Moffat, Roomy Khan, S2 Capital Management, LP, Schottenfeld Group LLC, Spherix Capital LLC, Steven Fortuna, Zvi Goffer, Defendants.

United States Court of Appeals, Second Circuit.

Decided: September 29, 2010.


Attorney(s) appearing for the Case

Kevin P. McGrath , Senior Trial Counsel, Securities and Exchange Commission, New York, NY ( Valerie A. Szczepanik , Senior Trial Counsel, Securities and Exchange Commission, New York, NY; David M. Becker , General Counsel, Mark D. Cahn , Deputy General Counsel, Jacob H. Stillman , Solicitor, Mark Pennington , Assistant General Counsel, David Lisitza , Senior Counsel, Securities and Exchange Commission, Washington, DC, on the brief), for Plaintiff-Appellee.

Patricia A. Millett , Akin Gump Strauss Hauer & Feld LLP, Washington, DC ( Robert H. Hotz, Jr. , Samidh Guha, Akin Gump Strauss Hauer & Feld LLP, New York, NY; John M. Dowd , Terence J. Lynam , William E. White , Kevin R. Amer , Issaac J. Lidsky , Anne J. Lee , Akin Gump Strauss Hauer & Feld LLP, Washington, DC, Alan R. Kaufman , James M. Keneally , Thomas B. Kinzler , Kelley Drye & Warren LLP, New York, NY, on the brief), for Defendants-Appellants.

Reed M. Brodsky , ( Andrew L. Fish , on the brief), Assistant United States Attorneys for Preet Bharara, United States Attorney for the Southern District of New York, New York, NY, for Amicus Curiae United States of America in support of Plaintiff-Appellee.

Craig Green , Associate Professor, Temple Law School, Philadelphia, PA, Douglas R. Jensen , Park & Jensen LLP, New York, NY, for Amici Curiae John Does Number One, Two and Three.

Marc Rotenberg , ( John Verdi , Jared Kaprove , on the brief), Electronic Privacy Information Center, Washington, DC, for Amicus Curiae Electronic Privacy Information Center (EPIC) in support of Defendants-Appellants.

Before: RAGGI, LYNCH, and CHIN, Circuit Judges.


GERARD E. LYNCH, Circuit Judge:

Defendants-Appellants Raj Rajaratnam and Danielle Chiesi (hereinafter, "Appellants") appeal from a district court (Jed S. Rakoff, Judge) discovery order compelling Appellants to disclose thousands of wiretapped conversations, originally provided to Appellants by the United States Attorney's Office ("USAO") in parallel criminal proceedings, to Plaintiff-Appellee Securities and Exchange Commission ("SEC") for use in this civil...

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