Rajat Gupta Convicted of Insider Trading
By PETER LATTMAN and AZAM AHMEDRajat K. Gupta, the retired head of the consulting firm McKinsey & Company and a former Goldman Sachs board member, was found guilty on Friday of conspiracy and securities fraud for leaking boardroom secrets to a billionaire hedge fund manager.
He is the most prominent corporate executive convicted in the government’s sweeping investigation into insider trading.