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Browse: Home / 2013 / February / 26 / Gupta Ordered to Reimburse Goldman Sachs $6.2 Million – DealBook

Gupta Ordered to Reimburse Goldman Sachs $6.2 Million – DealBook

By Securities Docket on February 26, 2013, 8:04 am

A federal judge on Monday ordered Rajat K. Gupta, a former Goldman Sachs director, to pay the bank more than $6.2 million to reimburse it for legal expenses connected to his insider trading case.

Last May, a jury convicted Mr. Gupta, 64, of leaking boardroom secrets about Goldman to the hedge fund manager Raj Rajaratnam. The presiding judge, Jed S. Rakoff, sentenced Mr. Gupta to two years in prison. He free on bail while he is appealing the conviction.

via Gupta Ordered to Reimburse Goldman Sachs $6.2 Million – DealBook

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Posted in Criminal | Tagged Fees, Insider Trading

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