In a ruling handed down yesterday, ever-present U.S. District Court Judge Jed Rakoff ordered former Goldman Sachs board member Rajat Gupta to pay Goldman $6.218 million in restitution under the Mandatory Restitution Act of 1996. The court allowed Goldman to recover $6.218 million it paid in legal fees related to Gupta’s criminal insider trading case.
via Rajat Gupta Ordered to Repay ‘Victim’ Goldman Sachs $6.2 Million in Legal Fees – Compliance Week
