Galleon Case

  • Reveal benefits made by Rajat Gupta: US court 06-01-2012 10:46 AM

    New York: A US judge has asked prosecutors to provide specific financial benefits they allege former Goldman Sachs director Rajat Gupta made by passing inside information to his friend Raj Rajaratnam amidst allegations that he also tipped him about Proctor and Gamble's 2008 sale of Folgers Coffee Co to JM...
  • Rajaratnam begins 11-year insider trading sentence 06-12-2011 11:20 AM

    New York: Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town. The 54-year-old Galleon Group founder reported to the prison about 40 miles northwest of Boston,...
  • Rajaratnam ordered to pay $92.8 mn in SEC case 09-11-2011 05:29 AM

    New York: A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trading, to pay a record $92.8 million penalty in a related US Securities and Exchange Commission civil case. The penalty imposed by US District Judge Jed Rakoff in...
  • Rajaratnam paid $ 63 mn in penalties: lawyer 29-10-2011 10:45 AM

    New York: Convicted hedge fund tycoon Raj Rajaratnam has already paid more than $ 63 million in penalties, ordered by the judge who sentenced him two weeks ago for insider trading, one of his lawyers said on Friday in New York federal court. Rajaratnam, 54, is going to prison for...
  • Listen: Rajat Gupta and Raj Rajaratnam tapes 28-10-2011 05:09 PM

    The United States Attorney's Office, Southern District of New York has released a July 29, 2008 US Federal Bureau of Investigation wiretap recording of a conversation between then Goldman Sachs director Rajat Gupta and Galleon Group founder Raj Rajaratnam. Listen. ...
  • The rise and fall of Rajat Gupta 27-10-2011 08:03 PM

    New Delhi: Rajat Kumar Gupta, aged 62, educated at IIT Delhi and Harvard Business School. Former Director, Goldman Sachs & Co-Founder of the Indian Business School. And now, an accused in an insider trading case, out on a $ 10 million bail. If found guilty, the poster-boy of Indian-American Wall...
  • Rajat Gupta released on bail, trial on April 9 27-10-2011 01:38 PM

    New York: A New York court has set April 9 as the tentative date for the trial of Rajat Gupta, former Indian American director of Goldman Sachs after he pleaded not guilty to insider-trading charges. India-born Gupta, 62, who had surrendered to the FBI on Wednesday morning, was freed after...
  • Ex-Goldman director arrested, released on $ 10 mn bail 27-10-2011 01:26 PM

    Former Goldman Sachs director Rajat Gupta has been released on a $ 10 million bail bond. ...
  • US: Rajat Gupta pleads not guilty, gets bail 27-10-2011 08:20 AM

    New York: Rajat Gupta, who pleaded not guilty to charges of securities fraud and that he passed insider information to his billionaire friend Raj Rajaratnam while he was director at Goldman Sachs and Procter & Gamble, was released on Wednesday on a $10 million bond. The 62-year-old Indian American had...
  • US: Rajat Gupta charged with insider trading 26-10-2011 11:42 PM

    New York: Rajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the most prominent executive to be accused in a broad US crackdown on illegal leaks of corporate secrets. Gupta, 62, surrendered to FBI agents...
  • Galleon case: Ex-Goldman director Gupta arrested 26-10-2011 06:33 PM

    New York: Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was in FBI custody on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a US crackdown on insider trading. An FBI spokesman...