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Insider trading: Gupta to stay free on bail pending appeal

India-born former Goldman Sachs director Rajat Gupta can remain free on bail while he challenges his conviction on insider-trading charges, a US court ruled on Wednesday.

Rajat Gupta should pay $15 mn penalty: SEC

US government has asked a court here to slap a maximum penalty of USD 15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.

Wanted Gupta to walk free but evidence overwhelming: Jurors

Jury foreman Richard Lepkowski, 51, who read out the verdict in court said he had not wanted to convict Harvard-educated Gupta of insider trading.

Insider trading: Rajat Gupta convicted, may face upto 25 years in prison

Gupta was found guilty by a federal court in Manhattan on four counts, out of six.