Ex-Goldman Director Gupta Faces Broader Case

Tue, 01/31/2012 - 20:45 EDT - WSJ Europe

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Federal prosecutors expanded their insider-trading case against former Goldman Sachs director Rajat Gupta ahead of a trial set for April, increasing the number illegal tips he is charged with in a new criminal indictment.

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U.S. expands case against ex-Goldman director Gupta
(Reuters) - Federal prosecutors expanded their insider trading case against former Goldman Sachs Group Inc director Rajat Gupta on Tuesday, saying the illegal activity lasted longer and involved more trades than alleged.
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Federal prosecutors said they are planning to unveil previously undisclosed instances in which former Goldman Sachs director Rajat Gupta allegedly shared inside information when the criminal insider-trading case against him goes to trial later this year.

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Ex-Goldman Director Gupta Faces Broader Case

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