Former Goldman Sachs Group Inc. board member Rajat Gupta invoked his Fifth Amendment right not to incriminate himself when the U.S. Securities and Exchange Commission sought to question him, a prosecutor said.
Shortly before the start of proceedings yesterday in the insider-trading trial of Galleon Group LLC co-founder Raj Rajaratnam, Assistant U.S. Attorney Reed Brodsky asked whether the defense intended to introduce into evidence a submission that Gupta made to the SEC. Defense attorney John Dowd said he didn’t plan on telling jurors about the so-called Wells submission.
