Gupta Defense Floats Theory Of Another Goldman Insider

Law360, New York (June 6, 2012, 10:11 PM EDT) -- Lawyers for former Goldman Sachs Group Inc. director Rajat Gupta on Wednesday suggested again that another Goldman insider may be behind the insider trading that prosecutors have pinned on Gupta, laying the foundation to launch the defense case later this week.

Gupta is accused of passing tips from Goldman and The Procter & Gamble Co., where he was also a board member, to his friend, hedge fund founder Raj Rajaratnam.

Phone records the defense showed to the jury indicate that Rajaratnam also spoke regularly with David...
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.