Rajat Gupta Jury Queries ‘Conspiracy’ as Evidence is Called ‘Circumstantial’

NEW YORK (Reuters) - Two jurors have dropped out of the insider-trading trial of former Goldman Sachs Group Inc board member Rajat Gupta, who is charged with giving corporate secrets to imprisoned hedge fund manager Raj Rajaratnam. Both were excused from the 12-person jury in Manhattan federal court because of family emergencies. The place of Juror No. 12, a professor of strategic design and behavior, was taken on Thursday by one of four alternates, a retired librarian. Juror No. ...

NEW YORK (Reuters) - Convicted hedge fund founder Raj Rajaratnam is in prison, but the jurors of a separate insider trading trial of former Goldman Sachs Group Inc and Procter & Gamble Co board member Rajat Gupta will hear his voice in court on FBI wiretaps. A federal judge in New York made a preliminary ruling on Wednesday to allow prosecutors to play a recorded telephone conversation from July 29, 2008, between Rajaratnam and Gupta, whose trial starts next Monday. Over defense objections, U.S. ...

The insider trading trial of Rajat Gupta is underway in New York. Gupta is a former Goldman Sachs board member, who prosecutors say provided inside information to hedge fund manager Raj Rajaratnam. Gupta's lawyer told the jury that the case against his client was based on guesswork and speculation.» E-Mail This     » Add to Del.icio.us

Convicted hedge fund founder Raj Rajaratnam is in prison, but the jurors of a separate insider trading trial of former Goldman Sachs Group Inc and Procter & Gamble Co board member Rajat Gupta will hear ...