June 15, 2012
Rajat Gupta, a former director for Goldman Sachs Group Inc., was found guilty Friday of securities fraud for passing information from corporate board meetings to hedge fund founder Raj Rajaratnam.
June 14, 2012
The jury that heard the insider trading allegations against former Goldman Sachs Group Inc. director Rajat Gupta started its deliberations Thursday, kicking off the final phase of a hard-fought case built largely on circumstantial evidence.
June 13, 2012
The evidence that former Goldman Sachs Group Inc. director Rajat Gupta passed along confidential inside information is "overwhelming," prosecutors said Wednesday, making final arguments before the jury begins deliberations.
June 12, 2012
Lawyers for former Goldman Sachs Group Inc. director Rajat Gupta on Tuesday rested their defense to insider trading charges he faces, ending their presentation without having Gupta take the stand.
June 11, 2012
The judge overseeing the insider trading trial of former Goldman Sachs Group Inc. director Rajat Gupta tentatively ruled Monday that the jury cannot hear wiretaps that suggest another Goldman insider was behind some of the alleged tips.
June 08, 2012
Former Goldman Sachs Group Inc. director Rajat Gupta will not take the stand at his insider trading trial, his lawyer said Sunday, backtracking from an early commitment.
June 07, 2012
Goldman Sachs Group Inc. CEO Lloyd Blankfein took the stand again Thursday at Rajat Gupta's insider trading trial, testifying the former Goldman director was not allowed to discuss sensitive board meetings, in an appearance that signals the end of the government's case.
June 06, 2012
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.
June 04, 2012
Goldman Sachs Group Inc. CEO Lloyd Blankfein testified Monday at the insider trading trial of Rajat Gupta, telling jurors that board meetings Gupta allegedly discussed with hedge fund founder Raj Rajaratnam were supposed to be confidential.
June 01, 2012
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.