PREET BHARARA, the United States Attorney for the Southern District of New York, announced that CRAIG DRIMAL pled guilty today to conspiracy and securities fraud charges arising from a scheme in which he obtained and traded on material, nonpublic information, including information misappropriated from the law firm of Ropes & Gray. DRIMAL pled guilty before U.S. District Judge RICHARD J. SULLIVAN. According to the Indictment, a Complaint previously filed in this case, and statements made during today’s guilty plea proceeding: In 2007 and 2008, CRAIG DRIMAL obtained material, nonpublic information ("Inside Information") from ZVI GOFFER about several mergers and acquisitions of public companies, and traded based on that Inside Information. The Inside Information included information provided by two Ropes & Gray attorneys, ARTHUR CUTILLO and BRIEN SANTARLAS, regarding the potential acquisition of 3Com Corporation ("3Com") and the potential acquisition of Axc...