Ex-Goldman Director Opposes U.S. Request to Limit Trial Defense
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Rajat Gupta, the former Goldman Sachs Group Inc. director accused of conspiracy in an insider-trading scheme, shouldn’t be barred from presenting evidence at trial of his charitable works, his lawyers said.
Gupta is scheduled to go on trial May 21 in Manhattan federal court on charges of securities fraud and conspiracy for allegedly leaking tips to Galleon Group LLC co-founder Raj Rajaratnam. Gupta has pleaded not guilty.