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Gupta Must Pay Goldman $6.2 Mln for Fees Spent in Probe

Rajat Gupta, the former Goldman Sachs Group Inc. director convicted of passing tips to his friend Raj Rajaratnam, was ordered to pay the bank more than $6.2 million in restitution as a victim of his insider trading.

Goldman Sachs argued that as a result of Gupta’s crimes, it was entitled to $6.9 million in legal fees and other expenses it had spent during a federal probe of the bank by the Manhattan U.S. Attorney’s Office and the Federal Bureau of Investigation, as well as a parallel investigation by the U.S. Securities and Exchange Commission.