Gupta Ordered To Repay Goldman $6.2M In Legal Fees

Law360, New York (February 25, 2013, 10:38 PM EST) -- Former Goldman Sachs Group Inc. Director Rajat Gupta must repay some $6.2 million in legal costs to the investment banking giant for fees to its firm Sullivan & Cromwell LLP that stemmed from the bank's investigation of Gupta’s insider trading role, a New York federal judge ruled Monday.

U.S. District Judge Jed Rakoff granted the investment banking giant’s bid for most of its legal fees and cost request — nearly $7 million — saying that almost all the costs that Goldman Sachs had sought in this...
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.