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US Court Rejects Goldman Sachs Ex-Director Rajat Gupta’s Bid To Overturn Conviction
Former Goldman Sachs director Rajat Gupta, 70, completed a prison term in 2016 on insider trading charges but has been fighting to overturn his conviction.
A court in New York has rejected former Goldman Sachs director Rajat Gupta’s bid to throw out his 2012 insider-trading conviction, affirming a lower court’s ruling in the case.
The Second Circuit Court of Appeals, in an order issued on Monday, said: “We have considered all of Gupta’s arguments on this appeal and have found them to be without merit. The judgment of the district court is affirmed.”
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