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Rajat Gupta convicted of insider trading

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  • Published On: June 16, 2012
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A former Goldman Sachs director accused of feeding confidential information to a corrupt hedge fund manager has been convicted of conspiracy and three counts of securities fraud. A jury acquitted Rajat Gupta on two other securities fraud counts. Mr Gupta's adult daughters hugged and wept as the verdict was read. He showed no visible reaction.
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