Gupta Trial: Day 5 Tip Sheet

This is a discussion on Gupta Trial: Day 5 Tip Sheet within the Law News forum, part of the FORUM INFORMATION category; A synopsis of day four of the Gupta Trial and a look at possible witnesses for day five. First, a ...

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Old May 25th, 2012, 08:50 AM   #1
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Default Gupta Trial: Day 5 Tip Sheet

A synopsis of day four of the Gupta Trial and a look at possible witnesses for day five.

First, a synopsis of day No. 4 of the trial of ex-Goldman Sachs Group Inc. director Rajat Gupta, from the WSJ’s Chad Bray and Reed Albergotti:

Jurors listened to a series of key wiretapped phone conversations in which Raj Rajaratnam is heard bragging to others at Galleon Group, the hedge-fund firm he co-founded, about tips he allegedly received about Goldman. Prosecutors say those tips came from Mr. Gupta, who is charged with conspiracy and securities fraud. Mr. Rajaratnam was convicted in an insider trading trial last year and sentenced to 11 years in prison.

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