Goldman Prez May Face Questions In Gupta Trial

Law360, New York (November 18, 2011, 7:48 PM EST) -- Goldman Sachs Group Inc. President Gary Cohn may be questioned in depositions in the U.S. Securities and Exchange Commission's insider trading case against former Goldman board member Rajat Gupta, defense lawyers said Friday.

Both Gupta and his co-defendant, convicted insider trader Raj Rajaratnam — who the SEC quietly sued for a second time in late October — intend to depose Cohn for their defense, lawyers for the two men said at a hearing on the timing of the SEC civil case.

Rajaratnam, a billionaire who became...
To view the full article, register now.

Related

Sections

Case Information

Case Title

United States Securities and Exchange Commission v. Gupta et al


Case Number

1:11-cv-07566

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Jed S. Rakoff

Date Filed

October 26, 2011

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.