Gupta Prosecutors Make New Insider Tipping Claim

Law360, New York (April 10, 2012, 7:58 PM ET) -- Prosecutors on Tuesday added an allegation to their insider tipping case against former Goldman Sachs Group Inc. director Rajat Gupta, filing a so-called bill of particulars that ties him to a new Procter & Gamble Co.-related tip.

New York federal prosecutors say Gupta provided information about a P&G sales growth forecast to alleged co-conspirator Raj Rajaratnam, the Galleon Group LLC founder who was found guilty of insider trading last year.

The new alleged P&G tip relates to an "organic sales growth" forecast for the October to...
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Case Information

Case Title

USA v. Gupta


Case Number

1:11-cr-00907

Court

New York Southern

Nature of Suit

Date Filed

October 25, 2011

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