Barry Pollack Comments on Waived Indictment in Galleon Case in Bloomberg

"Kumar to Waive Indictment in Galleon Case, U.S. Says"
Bloomberg
12.30.09Barry Pollack comments on the recent notice that Anil Kumar, the former McKinsey & Co. director who is a defendant in the Galleon Group insider- trading case, has agreed to waive indictment. According to Pollack, this could be a good sign that the U.S. Attorney and Mr. Kumar are negotiating a deal. “It could still fall apart but there wouldn’t be any reason to waive indictment if you were proceeding to trial,” said Pollack.
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