Goldman’s David Loeb Passed Tip to Rajaratnam, U.S. Says
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David Loeb, Goldman Sachs Group Inc.’s head of Asia equity sales in New York, passed information to Raj Rajaratnam about Apple Inc., Intel Corp. and Hewlett-Packard Co., Assistant U.S. Attorney Reed Brodsky said.
Brodsky made his remarks today to U.S. District Judge Jed Rakoff in Manhattan after Gary Naftalis, an attorney for Rajat Gupta, complained that prosecutors withheld evidence about Loeb. Prosecutors denied that allegation.