Goldman Sachs Group Inc., just months after being assailed by an ex-employee for harboring a “toxic” culture, faces a harsh spotlight this month in Manhattan federal court over how well a senior official guarded its secrets.
Rajat Gupta, a former Goldman Sachs director, goes on trial May 21 on charges of giving inside information to Raj Rajaratnam, the Galleon Group LLC co-founder serving 11 years in prison for insider trading. Gupta’s lawyers said they may point to others at the bank who passed Rajaratnam illegal tips. At least three other Goldman Sachs employees are said to be under investigation related to Galleon insider trading.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
