Attys See Gupta Making Headlines, But Raj Making History

Law360, New York (October 19, 2012, 7:28 PM EDT) -- A buzz is building around the Wednesday insider trading sentence of Rajat Gupta, but attorneys say the more significant case comes the next day, when Raj Rajaratnam will urge a New York appeals court to scale back the government’s use of wiretaps to snare corporate tipsters.

White collar buffs have circled their calendars for Wednesday, when U.S. District Judge Jed Rakoff will sentence Gupta, a former Goldman Sachs Group Inc. director and the most prominent defendant in the government’s crackdown on insider trading. A jury convicted...
To view the full article, register now.