Ex-Goldman director Gupta changes mind on testifying

Gupta Ordered to Pay Goldman Sachs $6.22 Million

A federal judge ordered former Goldman Sachs director Rajat Gupta to reimburse $6.22 million to the bank to help cover its legal expenses related to his criminal insider trading case.

cnbc.com (2 months and 29 days ago)

'Rajat Gupta not beneficial owner of Goldman shares'

A US appeals court has dismissed a lawsuit brought against former Goldman Sachs director Rajat Gupta by a shareholder of the firm who sought that the Indian-American repay profits made after hedge fund founder Raj Rajaratnam traded in shares based on insider tips passed by him.    

indiatimes.com (1 month and 15 days ago)

DealBook: Rajat Gupta Ordered to Reimburse Goldman Sachs $6.2 Million

A federal judge on Monday ordered Rajat Gupta, the former Goldman Sachs director, to reimburse the bank for some legal expenses connected to his insider trading case.

nytimes.com (2 months and 29 days ago)

Court to Hear Gupta Appeal

Former Goldman Sachs director Rajat Gupta, in a bid to stay out of prison, is expected to ask a federal appeals court Tuesday to set aside his insider-trading conviction because he claims wiretaps were improperly allowed as evidence in his trial.

wsj.com (3 days ago)

Goldman ex-director Gupta must repay $6.22 million to bank

foxbusiness.com (2 months and 29 days ago)

Gupta Sues Business Partner Over Control of Investment Fund

Rajat Gupta is back in court. The former Goldman Sachs Group Inc. director convicted of insider trading last year is suing his business partner, alleging he tried to seize control of an investment firm they co-founded.

wsj.com (2 months and 5 days ago)

U.S. court studies wiretaps in ex-Goldman director's insider case

NEW YORK (Reuters) - Lawyers for former Goldman Sachs Group Inc 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.

reuters.com (3 days ago)

Goldman Managing Director Snagged In Insider Trading Probe Leaves Firm

With the entire world, and certainly GETCO's ES and EURUSD algos, focused on every single update out of the Italian Senate race, which now appears certain to not bring the necessary 158 seats to the Bersani-Monti coalition leading to a chaotic revote in the coming months, here is some tangential news of the "who could have ever seen this coming variety." Following last...

zerohedge.com (2 months and 29 days ago)

Gupta Restitution to Goldman Is Set

Rajat Gupta will have to reimburse the investment bank for more than $6.2 million in legal fees and expenses it paid in connection with his insider-trading case, a federal judge ruled Monday.

wsj.com (2 months and 29 days ago)

Ex-Goldman exec seeks insider trading retrial

A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co. has told a federal appeals court that his client deserves a new trial. Attorney Seth Waxman told the 2nd U.S. Circuit Court of Appeals on Tuesday that Rajat Gupta (rah-JAHT' GOOP'-tah) never got a fair chance to prove his innocence. The three-judge panel did not immediately rule. Assistant U.S....

foxnews.com (3 days ago)