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Gupta's insider trading conviction stands
July 2, 2015
By: TOM BRANNA
Editor
A federal judge today denied the appeal of a former Procter & Gamble Co. board member, Rajat Gupta, who had requested that his conviction be overturned for insider trading related to his service as a board member of Goldman Sachs. Gupta, 66, who is serving a two-year prison term, had asked that his case be reconsidered after a December court ruling in a different case reversed two insider trading convictions, the Associated Press reported. Judge Jed Rakoff of New York, who previously...
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