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Rajat Gupta ordered to begin prison sentence in June

Last Updated: Thursday, April 17, 2014, 22:17

India-born former Goldman Sachs director Rajat Gupta, who had lost his appeal to overturn his conviction on insider trading charges, has been ordered to surrender and begin his two-year prison sentence in June.

Rajat Gupta seeks re-hearing of insider trading conviction

Last Updated: Wednesday, April 09, 2014, 14:17

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

Last Updated: Tuesday, April 08, 2014, 19:38

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.

US court denied Gupta permission to visit India in Feb

Last Updated: Wednesday, March 26, 2014, 14:59

Federal prosecutor Richard Tarlowe had submitted in court that Gupta should not be allowed to travel to India for the 11 days.

Very disappointed at court verdict against Gupta: Lawyer

Last Updated: Wednesday, March 26, 2014, 14:58

Gupta was sentenced to two years' imprisonment, to be followed by a one-year term of supervised release, and was ordered to pay a fine of USD 5,000,000.

Rajat Gupta's conviction on insider trading upheld by US court

Last Updated: Tuesday, March 25, 2014, 21:15

India-born former Goldman Sachs director Rajat Gupta was Tuesday sentenced to two years in prison after his bid to overturn his conviction on insider trading charges rejected by a US court.

Gupta should pay $13.9 mn penalty, be banned for life: SEC

Last Updated: Saturday, March 22, 2014, 22:37

US regulator SEC has asked an appeals court to affirm a district court's decision that India-born former Goldman Sachs director Rajat Gupta pay a USD 13.9 million penalty and be banned for life from serving as director of a public corporation.

Rajat Gupta's plea against business partner dismissed by court

Last Updated: Friday, December 06, 2013, 11:19

A US court here has dismissed a breach of contract lawsuit filed by former Goldman Sachs director Rajat Gupta against his long time friend and business associate Parag Saxena, saying the claims made by him in the complaint are no longer relevant.

Insider trading conviction of Galleon's Rajaratnam stands

Last Updated: Tuesday, November 19, 2013, 10:39

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.

Rajat Gupta fined $13.9 million for insider trading

Last Updated: Thursday, July 18, 2013, 09:19

India-born former Goldman Sachs Director Rajat Gupta, convicted of insider trading, has been ordered to pay a hefty USD 13.9 million civil penalty and permanently barred from acting as an officer or director of a public company for spilling boardroom secrets.

Rajat Gupta seeks re-trial over insider trading case

Last Updated: Wednesday, May 22, 2013, 10:19

Seth Waxman, lawyer for Gupta, told the 2nd US Circuit Court of Appeals in New York yesterday that wiretaps played for the jury were inadmissible because they amounted to hearsay evidence.

Rajat Gupta to appeal against insider trading conviction

Last Updated: Tuesday, May 21, 2013, 22:18

The US Court of Appeals for the Second Circuit in New York will hear arguments from Gupta, who was convicted last year of sharing corporate secrets and is on bail pending the appeal.