Gupta Prosecutors Make New Insider Tipping Claim

Law360, New York (April 10, 2012, 7:58 PM EDT) -- Prosecutors on Tuesday added an allegation to their insider tipping case against former Goldman Sachs Group Inc. director Rajat Gupta, filing a so-called bill of particulars that ties him to a new Procter & Gamble Co.-related tip.

New York federal prosecutors say Gupta provided information about a P&G sales growth forecast to alleged co-conspirator Raj Rajaratnam, the Galleon Group LLC founder who was found guilty of insider trading last year.

The new alleged P&G tip relates to an "organic sales growth" forecast for the October to...
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


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.