According to the Financial Times:
…..So how many other board members of S&P 500 companies are out there, talking as openly about confidential information as Gupta? It seems improbable that he was the only one.
The case will send a shudder through the upper echelons of the business and financial world. The risk of being caught on tape in the US leaking information improperly is now significant – loose lips endanger board directors….