U.S. v. Cutillo (S.D.N.Y.). Former Ropes and Gray associate Arthur Cutillo pleaded guilty to one count of conspiracy and one count of securities fraud. The charges stem from the Galleon investigation. According to the court papers, in 2007 and 2008 Mr. Cutillo and another firm attorney, Brien Santarlas, furnished inside information to a third attorney, Jason Goldfarb. The information concerned the then pending deals involving 3Com Corporation and Axcan Pharma, Inc. Mr. Goldfarb in turn furnished the information to Zvi Goffer, who was known as Octopussy because of his multiple sources of information. The information was exchanged for cash. Mr. Cutillo is scheduled to be sentenced on April 27, 2011. The SEC also has an action pending against Mr. Cutillo, SEC v. Cutillo, Case No. 09-cv-9208 (S.D.N.Y.) as well as the others involved here.