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.
The insider-trading conviction of Rajat Gupta, who rose to the pinnacle of Wall Street as a Goldman Sachs Group Inc. director and McKinsey & Co. managing partner, was upheld today by a federal appeals court.
The Major League Baseball debut of No. 1 draft pick Stephen Strasburg has at least one Washington Nationals fan dreaming of a mythical pitcher with a 100 mile-an- hour fastball who can single-handedly win games.
Google Inc. asked an appeals court to deny class status to a group of authors who claim in a $3 billion lawsuit that the company’s project to digitally copy millions of books from libraries violates their copyrights.
Broadcasters met resistance before the U.S. Supreme Court in their effort to avoid fines for on-air profanity and nudity, with several justices predicting a spike in indecent programming should federal restrictions be eliminated.