close
This ad will auto close in 10 seconds

Ex-Goldman director Rajat Gupta seeks reversal in insider trading case

A U.S. appeals court on Wednesday signalled it was unlikely to overturn the 2012 insider trading conviction of Rajat Gupta, a former director of Goldman Sachs Group Inc and global managing director of McKinsey & Co.

Rajat Gupta released after completing 2-year prison term

Rajat Gupta released after completing 2-year prison term

India-born former Goldman Sachs Director Rajat Gupta has been released after completing his two-year prison term, weeks after a US court agreed to rehear his appeal to throw out his 2012 insider-trading conviction.

Rajat Gupta to finish sentence at New York home

Rajat Gupta to finish sentence at New York home

Goldman Sachs Group's former Indian American director Rajat Gupta, freed early after serving 19 months in federal prison, will have to stay at home until March with an ankle bracelet, according to a media report.

 

Rajat Gupta files appeal to overturn insider trading conviction

Pursuing yet another legal recourse, India-born former Goldman Sachs director Rajat Gupta has filed a fresh appeal in a US court against a federal judge's ruling that had denied his bid to throw out his two-year sentence and conviction on insider trading charges.

Gupta should end challenge to insider trading verdict: Bharara

The US has opposed India-born former Goldman Sachs director Rajat Gupta's fresh appeal to overturn his insider trading conviction, saying he should now end his challenge to the jury's "well-founded" verdict that he gained from his illegal tips to ex-hedge fund founder Raj Rajaratnam.

'Gupta, Rajaratnam occasionally run into each other in prison'

Gupta and Rajaratnam are under the same roof at the prison with 1,000 other inmates.

Rajat Gupta's appeal to quash insider trading conviction fails

Gupta, 66, was convicted in 2012 of passing confidential boardroom information to now jailed hedge fund founder Raj Rajaratnam.

Ties with Rajaratnam not proof of quid pro quo: Rajat Gupta

India-born former Goldman Sachs director Rajat Gupta seeking to set aside his conviction on insider trading charges has said his friendship with jailed hedge fund founder Raj Rajaratnam does not prove he received personal gain by passing on classified information.

Rajaratnam, Gupta seek to void US insider trading penalties

The men are the highest-profile defendants convicted in a US insider trading crackdown, focused mainly on hedge funds, unveiled in 2009.

Rajaratnam, 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 U.S. court decision that narrowed the definition of that offence.

Indian-origin fund manager sentenced to 9 years in jail in US

An Indian-origin portfolio manager has been sentenced here to 9 years in prison for his role in one of the "most lucrative" insider trading schemes ever involving USD 276 million and ordered to forfeit a USD 9.3 million bonus he earned through it.

US jury rejects insider trading case, ends prosecutor streak

Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of conspiring to engage in insider trading while at the hedge fund, ending a five-year winning streak by US prosecutors.

Trial of Rajaratnam's brother ends as defence says US case flawed

A lawyer for Rengan Rajaratnam on Monday compared the government`s insider trading case against the younger brother of Galleon Group founder Raj Rajaratnam to a jigsaw puzzle where the pieces had been wrongly jammed together.

Two counts tossed in Rajaratnam brother's insider trading trial

A US judge on Tuesday dismissed two securities fraud counts against Rengan Rajaratnam, the younger brother of Galleon Group founder Raj Rajaratnam, in a surprise development in the federal criminal insider trading case.

Rajat Gupta to report to jail today to begin 2-year sentence

India-born former Goldman Sachs Director Rajat Gupta will Tuesday report to a prison in Massachusetts to begin his two-year sentence for insider trading, after having fought an over three-year long legal battle with all his might to clear his name.

Gupta approaches apex court in last-ditch effort to avoid jail

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

In a unanimous ruling last month, the panel of the appeals court had rejected Gupta's bid for a new trial and upheld his 2012 conviction and sentence.

Rajat Gupta asks court to rethink $13.9 mn penalty

India-born former Goldman Sachs director Rajat Gupta has asked a US court to reconsider its order asking him to pay USD 13.9 million in civil penalties in the insider trading case, arguing it was unnecessary given the heavy criminal punishment imposed on him.

Rajaratnam's brother seeks dismissal of insider trading charges

Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, urged a U.S. judge on Friday to dismiss insider trading charges leveled against him last year.

Insider trading conviction of Galleon's Rajaratnam stands

A federal appeals court on Monday refused to disturb the insider trading conviction of Galleon Group hedge fund founder Raj Rajaratnam, one of the most prominent defendants in the U.S. government`s wide-ranging probe into insider trading.