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.



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.