ReachLocal is a Woodland Hills, California based online marketing company. ReachLocal has just filed a $100 million IPO paper. ReachLocal works with SMBs for help with retaining and gaining customers through the Internet. ReachLocal currently works with 17,600 campaigns across 14,500 advertising partners. Each of these partners spend about $500-$3,000 per month with ReachLocal.

ReachLocal made about $143 million in revenue during the first three quarters of 2009. The company made $100 million during the same period in 2008. The company made $11.66 million in profit in 2009 and had a loss of $4.47 million in 2008. ReachLocal raised about $68 million in total VC funding from VantagePoint Venture Partners, Rho Ventures, and Galleon Group.

This past March, Advanced Micro Devices, Inc. (NYSE:AMD) hired Bruce Claflin to replace Hector Ruiz. It is a good thing that Ruiz was replaced back then because the former AMD Chairman is now involved with a controversial case.

Supposedly Ruiz is being investigated for providing insider information to the Galleon Group’s Danielle Chiesi. Chiesi was arrested earlier this month for generating over $25 million in illegal profits. Ruiz had become chairman of GlobalFoundries Inc., an AMD spin-off, after being replaced by Claflin.

Galleon Group portfolio manager and founder Raj Rajaratnam was also arrested for receiving insider information. Galleon Group is a hedge fund based in New York. Rajaratnam said that he plans to fight the insider-trading charges.