Rajat Gupta Trial

The Harvard-educated was convicted in a trial of passing confidential boardroom information to his one-time friend and business associate Raj Rajaratnam.

In a setback to India-born former Goldman Sachs director Rajat Gupta, a US court today sentenced him to two years in prison and denied his bid for a new trial after upholding his conviction on insider trading charges, ruling that there is no merit in his appeal.

Former Goldman Sachs Group Board of Director Rajat Gupta's attorneys asked the Judge to reverse his insider-trading conviction, saying wiretap evidence used by the prosecution should not have been introduced at trial stage.

A former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta was sentenced to two years in prison Wednesday, culminating a spectacular fall from grace for a man whose good deeds worldwide brought him leniency after he was convicted of feeding inside information about board dealings to a billionaire hedge fund owner who was his friend.

For the first time since the trial began two years ago, Rajat Gupta, former Goldman Sachs and Procter & Gamble Co. board member spoke in court. Mr Gupta was sentenced to two years in prison for feeding inside information about board dealings with a billionaire hedge fund owner who was his friend. During the trial, Mr Gupta declined to testify and ...

Worried over delays in prosecution of those found to be involved in frauds and other offences, market watchdog Sebi has asked the government to set up special courts to fast-track the process of bringing the guilty to book.

A US court has dismissed a lawsuit filed by an Indian-origin law student against Manhattan's top federal prosecutor Preet Bharara and the Justice Department for unlawfully questioning her and seizing the phone during Rajat Gupta's insider trading trial.

The high-profile insider trading trial of former McKinsey head Rajat Gupta pitted him against another Indian-American New York's top federal prosecutor Preet Bharara, who in the end walked away winning his battle against corporate America's poster boy.

The jury, which convicted one of the most prominent Indian-Americans in the US Rajat Gupta of securities fraud, said it wanted him to walk a free man after the trial, but the evidence against him and his "need for greed" was just too "overwhelming."

Evidence of insider trading against businessman Rajat Gupta is "overwhelming," a prosecutor told jurors at the trial's close on Wednesday, while a defense lawyer countered that the government had a weak, circumstantial case without direct proof. "Where is the beef in this case?" defense lawyer Gary Naftalis asked the Manhattan federal court jury. ...

Having decided not to take the witness stand at his insider-trading trial, former Goldman Sachs Group Inc. board member Rajat Gupta on Monday called longtime friends and his eldest daughter to testify on his behalf.

Former Goldman Sachs board member Rajat Gupta, on trial over insider trading charges, has decided not to testify in his own defense.

The defense lawyer for a former Goldman Sachs board member accused of insider trading notified the judge on Sunday that his client will not testify at his trial. Attorney Gary Naftalis sent a letter to Manhattan federal court judge Jed Rakoff saying that Rajat Gupta "will not be a witness on his own behalf in the defense case."

Former Goldman Sachs Group Inc board member Rajat Gupta will likely testify in his own defense at the insider trading trial in which he is accused of illegally leaking corporate secrets to now-imprisoned hedge fund manager Raj Rajaratnam.

An Indian-origin law student, who has regularly been attending the insider trading trial of ex-McKinsey head Rajat Gupta, got into trouble with the court after she sent to the presiding judge three letters about her opinion and understanding of certain legal theories in the case.

The Harvard-educated was convicted in a trial of passing confidential boardroom information to his one-time friend and business associate Raj Rajaratnam.

In a setback to India-born former Goldman Sachs director Rajat Gupta, a US court today sentenced him to two years in prison and denied his bid for a new trial after upholding his conviction on insider trading charges, ruling that there is no merit in his appeal.

Former Goldman Sachs Group Board of Director Rajat Gupta's attorneys asked the Judge to reverse his insider-trading conviction, saying wiretap evidence used by the prosecution should not have been introduced at trial stage.

A former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta was sentenced to two years in prison Wednesday, culminating a spectacular fall from grace for a man whose good deeds worldwide brought him leniency after he was convicted of feeding inside information about board dealings to a billionaire hedge fund owner who was his friend.

For the first time since the trial began two years ago, Rajat Gupta, former Goldman Sachs and Procter & Gamble Co. board member spoke in court. Mr Gupta was sentenced to two years in prison for feeding inside information about board dealings with a billionaire hedge fund owner who was his friend. During the trial, Mr Gupta declined to testify and ...

Worried over delays in prosecution of those found to be involved in frauds and other offences, market watchdog Sebi has asked the government to set up special courts to fast-track the process of bringing the guilty to book.

A US court has dismissed a lawsuit filed by an Indian-origin law student against Manhattan's top federal prosecutor Preet Bharara and the Justice Department for unlawfully questioning her and seizing the phone during Rajat Gupta's insider trading trial.

The high-profile insider trading trial of former McKinsey head Rajat Gupta pitted him against another Indian-American New York's top federal prosecutor Preet Bharara, who in the end walked away winning his battle against corporate America's poster boy.

The jury, which convicted one of the most prominent Indian-Americans in the US Rajat Gupta of securities fraud, said it wanted him to walk a free man after the trial, but the evidence against him and his "need for greed" was just too "overwhelming."

Evidence of insider trading against businessman Rajat Gupta is "overwhelming," a prosecutor told jurors at the trial's close on Wednesday, while a defense lawyer countered that the government had a weak, circumstantial case without direct proof. "Where is the beef in this case?" defense lawyer Gary Naftalis asked the Manhattan federal court jury. ...

Having decided not to take the witness stand at his insider-trading trial, former Goldman Sachs Group Inc. board member Rajat Gupta on Monday called longtime friends and his eldest daughter to testify on his behalf.

Former Goldman Sachs board member Rajat Gupta, on trial over insider trading charges, has decided not to testify in his own defense.

The defense lawyer for a former Goldman Sachs board member accused of insider trading notified the judge on Sunday that his client will not testify at his trial. Attorney Gary Naftalis sent a letter to Manhattan federal court judge Jed Rakoff saying that Rajat Gupta "will not be a witness on his own behalf in the defense case."

Former Goldman Sachs Group Inc board member Rajat Gupta will likely testify in his own defense at the insider trading trial in which he is accused of illegally leaking corporate secrets to now-imprisoned hedge fund manager Raj Rajaratnam.

An Indian-origin law student, who has regularly been attending the insider trading trial of ex-McKinsey head Rajat Gupta, got into trouble with the court after she sent to the presiding judge three letters about her opinion and understanding of certain legal theories in the case.