Former Goldman Sachs director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading.
A federal appeals court on Tuesday rejected a bid by former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction.
Rajat Gupta, the former managing director of the consulting giant McKinsey & Company, and Parag Saxena were not just business partners in a South Asian private equity fund, New Silk Route.
Lawyers for former Goldman Sachs board member Rajat Gupta sought to reverse his insider-trading conviction on Tuesday, arguing that wiretap evidence used by the prosecution should not have been introduced at trial.
Former Goldman Sachs director Rajat Gupta is set to ask a federal appeals court in New York Tuesday to overturn his insider-trading conviction by arguing the U.S. shouldn’t have been allowed to use evidence from wiretapped phone calls that didn’t involve him.
Rajat Gupta, the former Goldman Sachs director convicted of passing tips to his friend Raj Rajaratnam, was ordered to pay the bank more than $6.2m in restitution as a victim of his insider trading.
Ex-Goldman Sachs director Rajat Gupta asked a federal appeals court for a new insider- trading trial, arguing that evidence in his favor was kept from the jury and evidence against him was wrongly allowed.
Former Goldman board director Rajat Gupta said Friday that the firm hasn't justified its request for nearly $7m in legal fees and other expenses it claims were spent in connection with his insider-trading case.
Former Goldman Sachs director Rajat Gupta can remain free while he fights his insider-trading conviction, a federal appeals court ruled.
Former Goldman Sachs director Rajat Gupta was granted a rare hearing before a federal appeals court in New York next month for his challenge to an order that he begin his prison sentence in January.