Ex-McKinsey Chief Rajat Gupta Is Guilty in Insider-Trading Case Linked to Hedge Fund Head Rajaratnam
A 63-year-old former managing partner of McKinsey & Co. was convicted Friday in a high-profile insider trading case by a federal jury in Manhattan. Rajat Gupta, who is also a former director of Goldman Sachs Group Inc. and Procter & Gamble Co., was accused by prosecutors of passing along boardroom secrets to Galleon Group hedge fund co-founder Raj Rajaratnam, who was previously convicted...
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