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SEC accuses Rajat Gupta with feeding Galleon Management inside information.
March 2, 2011
By: TOM BRANNA
Editor
Rajat K. Gupta voluntarily resigned from Procter & Gamble Co.’s board Tuesday after being charged with insider trading. Gupta, the former worldwide director of McKinsey & Co., had served as a director of P&G since 2007. The Securities and Exchange Commission on Tuesday charged the Westport, Conn.-based business consultant, who also is a former board member of Goldman Sachs, with illegally tipping Galleon Management founder and hedge fund manager Raj Rajaratnam with ins...
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