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2nd Circ. Shoots Down Goldman Investor's Gupta Suit

By Matthew Heller (April 5, 2013, 7:45 PM EDT) -- The Second Circuit refused Friday to revive an investor lawsuit seeking to force former Goldman Sachs Group Inc. director Rajat Gupta to pay for passing insider tips to friend Raj Rajaratnam, finding the investor had not shown Gupta was a "beneficial owner" of Goldman shares....

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