Mealey's Securities/D&O Liability - 2nd Circuit Panel Affirms Gupta Conviction On Insider Trading Claims

Mealey's Securities/D&O Liability - 2nd Circuit Panel Affirms Gupta Conviction On Insider Trading Claims

NEW YORK - A Second Circuit U.S. Court of Appeals panel on March 25 affirmed a federal district court's conviction of former Goldman Sachs Group Inc. Board of Directors member Rajat K. Gupta, ruling that Gupta's arguments on appeal lack merit (United States of America v. Rajat K. Gupta, No. 12-4448, 2nd Cir.; 2014 U.S. App. LEXIS 5452).

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