Kumar Seeks Probation, Citing Help to Gupta Prosecutors
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Former McKinsey & Co. partner Anil Kumar deserves probation for his role in an insider-trading scheme because of his cooperation in the prosecutions of ex- Goldman Sachs Group Inc. director Rajat Gupta and fund manager Raj Rajaratnam, his lawyers said.
Since he agreed to plead guilty and cooperate with the government, Kumar has given back to health institutions in the U.S. and India, including the Baylor College of Medicine in Texas and Max Institute of Healthcare Education & Research in India, his lawyer Greg Morvillo said in court papers unsealed late last night in Manhattan federal court. Kumar is scheduled to be sentenced today.