New Gupta Indictment Expands Alleged Insider Scheme

Law360, New York (January 31, 2012, 5:32 PM EST) -- A grand jury handed down a new indictment Tuesday in the government's case against Rajat Gupta that expanded the length of the ex-Goldman Sachs Group Inc. director's alleged involvement in an insider trading scheme led by Galleon Group founder Raj Rajaratnam.

The number of counts, filed in New York federal court, remains the same, at one count of conspiracy to commit securities fraud and five counts of securities fraud, but two new trades are added — one involving Goldman Sachs Group Inc. shares in March 2007...
To view the full article, register now.




Case Information

Case Title

USA v. Gupta

Case Number



New York Southern

Nature of Suit

Date Filed

October 25, 2011

Law Firms


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.