• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2011 / November / 04 / The Challenges of Prosecuting Rajat Gupta

The Challenges of Prosecuting Rajat Gupta

By Securities Docket on November 4, 2011, 5:11 pm

Proving that Mr. Gupta received some type of benefit will be crucial to the government’s case because without it there is no tipper liability for insider trading….This issue may signal a potential line of defense that Mr. Gupta can offer at trial, especially if the wiretap evidence is admitted. While it will be difficult to deny that he spoke with Mr. Rajratnam at crucial times, Mr. Gupta can defend himself against the charges by arguing that he was just telling a friend about corporate developments but never expected to benefit from it personally. In effect, he can try to throw Mr. Rajaratnam “under the bus” by arguing that he was as much of a victim of insider trading because his trust was betrayed by a longtime friend.

Read more: The Challenges of Prosecuting Rajat Gupta — DealBook

Posted in Criminal | Tagged Prosecutors

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events