Gupta Wiretap Appeal Would Face Slim Chance Of Success

Law360, New York (June 15, 2012, 8:09 PM EDT) -- Rajat Gupta is certain to challenge his conviction Friday on charges of securities fraud, likely by arguing that a judge wrongly excluded certain wiretap evidence while leaving the jury to hear other, damaging recordings, but the chances the former Goldman Sachs Group Inc. director will succeed with that argument are slim at best, experts said.

Following a 16-day trial, a federal jury in Manhattan found Gupta guilty of four of six counts he faced: three of the five substantive securities fraud counts, as well as a...
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