Gary Naftalis

Gary Naftalis News

  • Firm Leaders Survey, Kramer Levin: Business of Law

    Law firm leaders are failing to make the changes necessary to effectively manage their enterprises under today’s conditions, according to a new survey by consultant Altman Weil.

  • Gupta Challenges U.S. Use of Wiretaps in Insider Appeal

    Former Goldman Sachs Group Inc. director Rajat Gupta asked a federal appeals court to overturn his insider-trading conviction, with his lawyer arguing that prosecutors shouldn’t have been allowed at his jury trial to use secretly wiretapped calls in which he wasn’t a participant.

  • Gupta’s Lawyer Seeks Victory Where Rajaratnam’s Failed

    Galleon Group LLC co-founder Raj Rajaratnam, for his trial last year on insider-trading charges, selected as his lawyer a combative ex-Marine who cursed at a cameraman after court one day.

  • Ex-Goldman Director Gupta Won’t Testify at Trial, Lawyer

    Rajat Gupta , the former Goldman Sachs Group Inc. director accused of passing tips to Galleon Group LLC co-founder Raj Rajaratnam, will remain silent as his insider-trading trial enters its final week, his lawyer told the judge.

  • Gupta Likely to Testify at Insider Trial, His Lawyer Says

    Rajat Gupta, the former Goldman Sachs Group Inc. director, will probably testify next week at his insider-trading trial, his lawyer told the judge after the prosecution rested and the defense began presenting its case.

  • Gupta ’Abused’ Role, Prosecutor Says in Closing Argument

    Rajat Gupta “abused” his role as a director at Goldman Sachs Group Inc. and Procter & Gamble Co. by leaking secret tips to an associate, a prosecutor told the jury during closing arguments in Gupta’s insider-trading trial.

  • Gupta to Urge Probation From Judge Who Defended Insiders

    As a lawyer, Jed Rakoff once persuaded a judge to give probation to a client convicted at an insider-trading trial alongside former Wall Street Journal reporter R. Foster Winans. Now a federal judge himself, Rakoff must weigh Rajat Gupta’s similar request to stay out of prison.

  • Gupta ‘Threw Away His Duties,’ Prosecutor Says in Opening

    Rajat Gupta, who was a director at Goldman Sachs Group Inc., “threw away his duties” to the company when he tipped hedge-fund co-founder Raj Rajaratnam to news that the bank would get a $5 billion investment, a prosecutor told jurors.

  • Rajat Gupta Gets Two-Year Sentence for Insider Trading

    Rajat Gupta, the former Goldman Sachs Group Inc. director and McKinsey & Co. managing director who rose to the pinnacle of Wall Street, was sentenced to two years in prison for passing inside tips to his business partner.

  • Goldman’s Gupta, BNP Paribas, Google, JPMorgan in Court News

    Rajat Gupta, the ex-Goldman Sachs Group Inc. director accused of giving inside information to fund manager Raj Rajaratnam about that company and Procter & Gamble Co., may face additional allegations he passed tips, prosecutors said.

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