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Rajat Gupta’s sentencing preponed by a day to Oct 17

The Hindu Business Line – The sentencing of former Indian-American Goldman Sachs director Rajat Gupta, convicted of passing confidential market information to Galleon hedge fund founder Raj Rajaratnam in one of America’s biggest insider trading cases, has been preponed by a day to October 17.

US District Judge Jed Rakoff had set as October 18 the date for sentencing Gupta after the ex-McKinsey head was found guilty by a jury here of passing confidential company information to Rajaratnam.

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