Tag Archives: hedge fund

Rajat Gupta surrenders, faces 20 years in jail if convicted for insider trading

India-born former head of the McKinsey & Co. consulting firm Rajat Gupta surrendered to FBI facing charges of insider trading on Wednesday. The jury has charged Gupta on five counts of securities fraud and one count of conspiracy to commit the fraud by providing inside information to hedge fund manager Raj Rajaratnam, who was already convicted and sentenced to 11 ...

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