Prosecutors Defend Rajaratnam Wiretaps In Gupta Case

Law360, New York (January 20, 2012, 4:18 PM EST) -- Attorneys prosecuting the insider trading case against former Goldman Sachs Group Inc. director Rajat Gupta filed a memorandum Friday opposing his motion to suppress wiretaps of Galleon Group founder Raj Rajaratnam's cellphone, saying Gupta's motion, like Rajaratnam's, should be denied.

Prosecutors — who say Gupta passed tips about the secret goings-on at Goldman and at Procter & Gamble Co., another company at which he was a director, to Rajaratnam, a friend of his — are seeking to use U.S. District Judge Richard Holwell's ruling allowing the...
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