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.
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 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.
Manatt, Phelps & Phillips LLP introduced Manatt Digital Media, an entity combining legal, consulting and investment services for digital-media, entertainment and advertising clients. It will be led by Los Angles partner T. Hale Boggs.
The trustee liquidating Bernard L. Madoff ’s investment firm filed more than $50 billion in so- called clawback suits to compensate victims of the con man’s fraud since his arrest two years ago for masterminding the biggest Ponzi scheme in U.S. history.