Rajaratnam Convicted

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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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  US Opposes Former Goldman Sachs Director Rajat Gupta's Plea to Reverse Conviction

  India-born ex-Goldman Sachs director Rajat Gupta's conviction on insider trading charges should not be thrown out as the government provided "overwhelming" proof against him for passing on illegal information in return for "expected potential pecuniary gains," US prosecutors said.

• 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.

• Conviction of Galleon's Raj Rajaratnam upheld

  A federal appeals court on Monday upheld the insider trading conviction of Galleon Group hedge fund founder Raj Rajaratnam, rejecting his argument that wiretap evidence was used improperly to convict him.

• Rajat Gupta seeks re-trial over insider trading case

  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.

• Rajat Gupta to appeal against insider trading conviction

  India-born former Goldman Sachs director Rajat Gupta will seek overturning of his insider-trading conviction in a US court on Tuesday by arguing that the case rested exclusively on circumstantial evidence that relied on wiretap statements that did not involve him.

• Raj Rajaratnam brother charged with insider trading

  Raj Rajaratnam's younger brother was indicted on charges of conspiring in the insider-trading scheme for which the founder of the Galleon Group hedge fund was convicted nearly two years ago, US prosecutors announced on Thursday.

• Indian-American gets one year in prison for insider trading

  A former Indian-American employee of Galleon Group, who played a key role in the conviction of hedge fund billionaire Raj Rajaratnam for insider trading, has been sentenced to one year in prison.

• Rajat Gupta's four daughters broke down in court

  Last year on Diwali Former Goldman Sachs director, Rajat Gupta arrived at the federal courthouse in downtown Manhattan to surrender to the FBI and face criminal insider trading-related charges. His family and friends then said they believed it was an auspicious day and the gods would protect him. Today, on Dusshera, the India born Gupta arrived in ...

• Ex-Intel exec avoids jail in Rajaratnam case

  A former Intel Corp executive, whose trial testimony helped convict hedge fund titan Raj Rajaratnam, avoided prison time on Monday for his role in the biggest insider-trading prosecution of a generation.

• Galleon chief's web of friends proved crucial to Rajaratnam's scheme

  As Raj Rajaratnam and Anil Kumar, a McKinsey consultant, walked out of a fund-raiser in Manhattan, Mr. Rajaratnam pulled his old friend aside and made him an offer: would Mr. Kumar provide him with insights for $500,000 a year?"You have such good knowledge that is worth a lot of money to me," he said, according to Mr. Kumar.Mr. Kumar faced an agoni...