Great Rajaratnam’s ghost! According to the Wall St Journal federal prosecutors are moving closer toward bringing criminal charges against Rajat Gupta, a former Goldman Sachs Group Inc. director who allegedly leaked inside information about the Wall Street giant at the height of the financial crisis, according to people familiar with the situation.
The Manhattan U.S. attorney's office and the Securities and Exchange Commission have maneuvered for months to determine whether and how to proceed against Mr. Gupta, who has denied any wrongdoing. The SEC dropped a civil administrative proceeding against Mr. Gupta last month but said it was "fully committed" to refiling the charges in federal court….
Find out more at http://online.wsj.com/article/SB10001424053111903374004576583161254237844.html?mod=WSJ_hp_LEFTTopStories
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