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Rajat Gupta's Appeal to Overturn Insider Trading Conviction Rejected
A US federal judge has rejected a fresh appeal by India-born former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction, ruling that the "hard fact remains" he committed a "serious crime" and pursuing further legal options will serve no purpose.
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Ex-Goldman Director Rajat Gupta Fails to Void Insider Trading Conviction
Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a US judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hathaway Inc.
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US Opposes Rajat Gupta's Plea to Reverse Conviction
The prosecutors said the IIT and Harvard-educated former McKinsey head, who is serving a two-year sentence, had a "powerful" financial incentive to tip his billionaire hedge-fund operator friend Raj Rajaratnam.
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Raj Rajaratnam, Rajat Gupta Seek to Void US Insider Trading Penalties
Galleon Group hedge fund founder Raj Rajaratnam and former Goldman Sachs Group Inc director Rajat Gupta are seeking to overturn penalties imposed against them for insider trading, citing a recent US court decision that narrowed the definition of that offence.
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From Lofty Board Room to Lowly Cell: Rajat Gupta Begins Prison Term
India-born Mr Gupta, 65, will now have to pay $13.9 million as penalty in the US Securities and Exchange Commission's parallel insider trading case against him, in addition to the $5 million fine in the criminal case and $6.2 million restitution to Goldman Sachs.
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Ex-Goldman Director Gupta Loses Appeal of $13.9 Million Fine, Heads to Prison
Former Goldman Sachs Group Inc director Rajat Gupta on Tuesday lost his challenge to a $13.9 million civil penalty and a permanent ban from acting as an officer for a public company, the same day he was scheduled to begin serving a two-year prison sentence.
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Rajat Gupta to Begin Two-Year Sentence on Tuesday
65-year-old Gupta, once regarded as among the most powerful and influential in corporate America, will serve his jail term at a minimum security satellite camp of the Federal Medical Center-Devens in Ayer, Massachusetts.
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Goldman Sachs director Rajat Gupta Penning Book: Report
India-born former Goldman Sachs director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.
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Rajat Gupta Approaches US Apex Court in Last-Ditch Effort to Avoid Jail
Mr Gupta, 65, convicted in 2012 of passing confidential board room information to his friend and business associate Raj Rajaratnam, is scheduled to begin his two-year prison term on June 17.
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Rajat Gupta seeks re-hearing of insider trading conviction
India-born former Goldman Sachs director Rajat Gupta has petitioned that a three-judge panel, which upheld his conviction on insider trading charges, should reconsider its decision and the court rehear the case, arguing that "critical evidence" in his favour was excluded at trial.
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Rajat Gupta's conviction in insider trading upheld by US court
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.
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Preet Bharara brings down ShopClues' Indian founder
Other prominent convictions obtained by Mr Bharara, dubbed "Sheriff of Wall Street" by Time magazine, include those of India-born former Goldman Sachs director Rajat Gupta and his Sri Lankan hedge fund billionaire friend Raj Rajaratnam.
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Why this man says he has the world's best job
Mr Bharara said that when he does retire or gets "kicked out" of his job, he would want to travel the world and meet people.
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Ex-Goldman director Rajat Gupta fined, banned in SEC case
The U.S. Securities and Exchange Commission said the order was issued earlier in the day by U.S. District Judge Jed Rakoff in Manhattan, who also oversaw Gupta's related criminal trial.
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Rajaratnam's brother charged with insider trading in US
Rajarengan "Rengan" Rajaratnam, 42, of Manhattan, was charged by the Federal Bureau of Investigation (FBI) and the US Securities and Exchange Commission (SEC) with conspiracy to commit securities fraud and six counts of securities fraud.
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Rajat Gupta's Appeal to Overturn Insider Trading Conviction Rejected
A US federal judge has rejected a fresh appeal by India-born former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction, ruling that the "hard fact remains" he committed a "serious crime" and pursuing further legal options will serve no purpose.
-
Ex-Goldman Director Rajat Gupta Fails to Void Insider Trading Conviction
Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a US judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hathaway Inc.
-
US Opposes Rajat Gupta's Plea to Reverse Conviction
The prosecutors said the IIT and Harvard-educated former McKinsey head, who is serving a two-year sentence, had a "powerful" financial incentive to tip his billionaire hedge-fund operator friend Raj Rajaratnam.
-
Raj Rajaratnam, Rajat Gupta Seek to Void US Insider Trading Penalties
Galleon Group hedge fund founder Raj Rajaratnam and former Goldman Sachs Group Inc director Rajat Gupta are seeking to overturn penalties imposed against them for insider trading, citing a recent US court decision that narrowed the definition of that offence.
-
From Lofty Board Room to Lowly Cell: Rajat Gupta Begins Prison Term
India-born Mr Gupta, 65, will now have to pay $13.9 million as penalty in the US Securities and Exchange Commission's parallel insider trading case against him, in addition to the $5 million fine in the criminal case and $6.2 million restitution to Goldman Sachs.
-
Ex-Goldman Director Gupta Loses Appeal of $13.9 Million Fine, Heads to Prison
Former Goldman Sachs Group Inc director Rajat Gupta on Tuesday lost his challenge to a $13.9 million civil penalty and a permanent ban from acting as an officer for a public company, the same day he was scheduled to begin serving a two-year prison sentence.
-
Rajat Gupta to Begin Two-Year Sentence on Tuesday
65-year-old Gupta, once regarded as among the most powerful and influential in corporate America, will serve his jail term at a minimum security satellite camp of the Federal Medical Center-Devens in Ayer, Massachusetts.
-
Goldman Sachs director Rajat Gupta Penning Book: Report
India-born former Goldman Sachs director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.
-
Rajat Gupta Approaches US Apex Court in Last-Ditch Effort to Avoid Jail
Mr Gupta, 65, convicted in 2012 of passing confidential board room information to his friend and business associate Raj Rajaratnam, is scheduled to begin his two-year prison term on June 17.
-
Rajat Gupta seeks re-hearing of insider trading conviction
India-born former Goldman Sachs director Rajat Gupta has petitioned that a three-judge panel, which upheld his conviction on insider trading charges, should reconsider its decision and the court rehear the case, arguing that "critical evidence" in his favour was excluded at trial.
-
Rajat Gupta's conviction in insider trading upheld by US court
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.
-
Preet Bharara brings down ShopClues' Indian founder
Other prominent convictions obtained by Mr Bharara, dubbed "Sheriff of Wall Street" by Time magazine, include those of India-born former Goldman Sachs director Rajat Gupta and his Sri Lankan hedge fund billionaire friend Raj Rajaratnam.
-
Why this man says he has the world's best job
Mr Bharara said that when he does retire or gets "kicked out" of his job, he would want to travel the world and meet people.
-
Ex-Goldman director Rajat Gupta fined, banned in SEC case
The U.S. Securities and Exchange Commission said the order was issued earlier in the day by U.S. District Judge Jed Rakoff in Manhattan, who also oversaw Gupta's related criminal trial.
-
Rajaratnam's brother charged with insider trading in US
Rajarengan "Rengan" Rajaratnam, 42, of Manhattan, was charged by the Federal Bureau of Investigation (FBI) and the US Securities and Exchange Commission (SEC) with conspiracy to commit securities fraud and six counts of securities fraud.
