US opposes 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.
Apr 04, 2015, 13:32 PM IST
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.
Mar 10, 2015, 10:27 AM IST
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.
Mar 10, 2015, 02:16 AM IST
US apex court denies Rajat Gupta's appeal against lifetime ban
The US Supreme Court has denied an appeal by India-born former Goldman Sachs Director Rajat Gupta, who had challenged a ruling by a lower court permanently banning him from from serving as an officer or director of a public company.
Jan 13, 2015, 10:40 AM IST
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.
Sep 09, 2014, 10:18 AM IST
Ex-Goldman director Rajat Gupta fails to void conviction
Gupta may still appeal to the US Supreme Court. He has also been fined millions of dollars.
Jul 15, 2014, 08:33 AM IST
From lofty board room to lowly cell: Gupta begins prison term
Rajat Gupta, former Goldman Sachs Director and a one-time poster boy of Indians in the US, has begun his two-year jail term for insider trading while losing his appeal against paying nearly USD 14 million in civil penalties and ban on serving as a public company officer.
Jun 18, 2014, 10:50 AM IST
Ex-Goldman director Gupta loses appeal of $13.9 mn fine, heads to prison
A unanimous three-judge panel said on Tuesday that the standard in a criminal context was different from that in a civil case.
Jun 17, 2014, 21:23 PM IST
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.
Jun 17, 2014, 13:31 PM IST
Rajat Gupta to begin two-year prison sentence today
Gupta is set to report to federal prison the same day that Rajaratnam's younger brother, Rengan, goes on trial in New York on insider trading charges.
Jun 17, 2014, 12:02 PM IST
Gupta tells US appeals court $14 mn civil penalty too high
Rajat Gupta, scheduled to begin his two-year prison sentence today, told a US court that he should not be required to pay a heavy USD 13.9 million in civil penalties since he already has to pay over USD 11 million in criminal fines.
Jun 17, 2014, 10:49 AM IST
Ex-Goldman director Gupta fights USD13.9 mln fine as prison awaits
A day before he is scheduled to begin serving a two-year prison sentence for insider trading, former Goldman Sachs Group Inc director Rajat Gupta asked a federal appeals court to reduce a USD13.9 million civil penalty and shorten his lifetime ban from serving as an officer of a public company.
Jun 16, 2014, 23:36 PM IST
US Supreme Court rejects Rajat Gupta's last bid to avoid jail
Gupta, convicted in 2012 of passing confidential board room information is scheduled to begin his prison term on Tuesday.
Jun 12, 2014, 17:55 PM IST
US Supreme Court denies Rajat Gupta's last bid to avoid jail
Gupta, convicted in 2012 of passing confidential board room information to his friend and business associate Raj Rajaratnam, is scheduled to begin his prison term on June 17.
Jun 12, 2014, 10:37 AM IST
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.
Jun 11, 2014, 11:37 AM IST
