Ex-Goldman exec seeks insider trading retrial

Published



NEW YORK (AP) — A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co. urged an appeals court panel Tuesday to give his client a new trial, saying a judge had excluded evidence that might have led a jury to acquit him on insider trading charges.

Attorney Seth Waxman told the 2nd U.S. Circuit Court of Appeals in Manhattan that Rajat Gupta never got a fair chance to prove his innocence because his daughter was not permitted to testify about how angry her father was at a billionaire hedge fund founder in 2008 when he supposedly was feeding him lucrative inside information.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.