Gupta Protege Boosts Prosecutor Claims Of Close Raj Ties

Law360, New York (June 1, 2012, 9:25 PM EDT) -- A protege to former Goldman Sachs Group Inc. director Rajat Gupta testified in Gupta's securities fraud trial Friday, pressing prosecutors' case that Gupta and convicted insider trader Raj Rajaratnam had close business connections.

Anil Kumar, who was a high-level partner at consultancy McKinsey & Co. while Gupta was its managing director, told the jury that he, Gupta and Rajaratnam worked together to establish a South Asia-focused asset management firm in 2006, meeting at the offices of Rajaratnam's hedge fund, Galleon Group LLC.

Gupta has been on...
To view the full article, register now.

Related

Sections

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

Law Firms

Companies

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.