Tag Archives: Rajat Gupta
Rajat Gupta ordered to pay USD 6.2 mln to Goldman
NEW YORK: India-born former Goldman Sachs director Rajat Gupta has been ordered to pay USD 6.2 million for legal expenses incurred by his former employer during his trial in one… Read more
Rajat Gupta seeks new trial, reversal of conviction
NEW YORK: India-born former Goldman Sachs director Rajat Gupta has asked a US court for a new trial to reverse his conviction on insider trading charges, arguing that the district judge… Read more
I lost my reputation, says apologetic Rajat Gupta
NEW YORK: A devastated India-born former Goldman Sachs director Rajat Gupta, who was sentenced on Thursday for insider trading crimes, said he has lost his reputation built over a lifetime… Read more
Gupta asks for probation; prosecutors seek 8-10 years jail-term
NEW YORK: US prosecutors have sought 8 to 10 years in jail for Indian-American former Goldman Sachs director Rajat Gupta for his “shocking” insider trading crimes even as he pleaded… Read more
Goldman pays large chunk of $30 mn legal fee for Rajat Gupta
NEW YORK: Financial services firm Goldman Sachs has paid a large chunk of the nearly USD 30 million legal fees for its former board member Rajat Gupta’s defense, a media… Read more
No verdict in Gupta’s trial on first day of jury deliberations
NEW YORK: Jurors in the insider-trading trial of former Goldman Sachs director ended their first day of deliberations without reaching a verdict after the defense sought a not-guilty verdict for… Read more
Gupta will not testify in his own defense
NEW YORK: Former Goldman Sachs director Rajat Gupta will not testify in his own defense at his insider trading trial, a decision taken after “substantial reflection and consideration”, his lawyer… Read more
Gupta secretly served as Galleon executive: Prosecutors
NEW YORK: Seeking to prove that ex-Goldman Sachs director Rajat Gupta benefited from his relationship with Raj Rajaratnam, prosecutors have claimed that the Indian-American was secretly serving as a top… Read more
Prosecution: Rajat Gupta threw away his duties
NEW YORK: Former Goldman Sachs director Rajat Gupta “threw away his duties” when he passed confidential company information to hedge fund founder Raj Rajaratnam, a prosecutor told a US court,… Read more
Gupta’s phone call to Rajaratnam can be played in trial: judge
NEW YORK: In a blow to former Goldman Sachs director Rajat Gupta in insider trading case, a US court has rejected his bid and motion to suppress wiretap evidence at… Read more
US court asks details of financial benefits made by Gupta
NEW YORK: A US judge has asked prosecutors to provide details of specific financial benefits allegedly made by former Goldman Sachs director Rajat Gupta by passing inside information to his… Read more
Rajat Gupta sues US regulator in Galleon case
NEW YORK: Former Goldman Sachs board member Rajat Gupta has sued US regulator SEC for “unfairly and unconstitutionally” prosecuting him on charges of passing insider tips to Sri Lankan born-billionaire… Read more