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Ex-Goldman Sachs director Rajat Gupta fined $13.9 million for insider trading

A federal judge Wednesday ordered former Goldman Sachs board member Rajat Gupta to pay a $13.9 million penalty related to insider trading, the Securities and Exchange Commission announced. Under the order, signed by US Judge Jed Rakoff, Gupta is also barred from acting as an officer or director of a…

Ex-Goldman director pleads not guilty to securities fraud

NEW YORK — Former Goldman Sachs director Rajat Gupta pleaded not guilty Wednesday to insider trading after giving himself up to the FBI, as the high-flying executive was caught in a growing Wall Street scandal. Indian-born Gupta is accused of leaking information to Sri Lankan-born old friend Raj Rajaratnam, a…