(Corrects headline and 4th paragraph to make clear Market
Street not named as a defendant)
* New civil charges stemming from Galleon hedge fund case
* Part of broad probe of insider trading at hedge funds
(Adds names of managers charged in SEC civil case, bylines)
By Grant McCool and Matthew Goldstein
NEW YORK, Jan 10 The U.S. Securities and
Exchange Commission brought civil insider trading charges
against the co-founder of a one-time $900 million hedge fund as
part of the ongoing Galleon hedge fund probe.
Robert Feinblatt, who shut his Trivium Capital Management
firm in late 2008, was charged with getting confidential tips
from Galleon cooperating defendant Roomy Khan. Khan had worked
as a consultant to Feinblatt, who started his fund after
leaving SAC Capital in 2002.
The case was filed in U.S. District Court in New York. A
voice mail message left for Feinblatt was not immediately
An employee of the consulting firm Market Street, Shammara
Hussein, was named as a defendant. Market Street was a
consultant for Google Inc (GOOG.O), the SEC said. Trivium
analyst Jeffrey Yokuty and Polycom Inc PLCM.O executive Sunil
Bhalla were also charged.
The SEC complaint said the inside information was passed
through Khan, a former Intel Corp (INTC.O) employee, who
pleaded guilty to criminal charges in the Galleon case and is
cooperating with prosecutors.
Galleon hedge fund founder Raj Rajaratnam has been free on
bail after being charged criminally and civilly in October
2009. He pleaded not guilty and is scheduled to go on trial on
(Reporting by Jon Stempel, Grant McCool and Matthew
Goldstein, editing by Maureen Bavdek and Andre Grenon)