SEC Says Ex-Goldman Director Gupta Tipped Rajaratnam

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March 1 (Bloomberg) -- Rajat K. Gupta, a former Goldman Sachs Group Inc. board member, was accused of insider trading by U.S. regulators who said he passed information to Galleon Group founder Raj Rajaratnam ahead of deals including Berkshire Hathaway Inc.’s $5 billion investment in Goldman Sachs. Gupta, 62, also allegedly tipped Rajaratnam on quarterly earnings at Goldman Sachs and Procter & Gamble Co., where he also was a board member, according to a Securities and Exchange Commission administrative order filed today. Bloomberg's Su Keenan reports. (Source: Bloomberg)


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