Updated On: 26 February, 2013 11:14 AM IST | | Agencies
Rajat Gupta, former Goldman Sachs director who was convicted of insider trading last year, has been asked to pay $6.2 million to the bank.
Rajat Gupta, the former Indian-American director of Goldman Sachs convicted of insider trading, has been ordered to pay the bank more than $6.2 million for legal expenses connected to his case.
US District Judge Jed Rakoff, who presided over Gupta's criminal trial for allegedly passing tips to convicted hedge fund manager Raj Rajaratnam, gave the ruling Monday in response to a claim filed by Goldman.