Accused director sues US regulator
A FORMER Goldman Sachs director accused of leaking boardroom information has sued US regulators, claiming they are trying to unfairly deprive him of a jury trial.
Rajat Gupta is fighting civil charges that he tipped off a Galleon hedge fund manager about Warren Buffett's plans to invest in Goldman during the financial crisis.
Gupta said in a complaint filed yesterday that the Securities and Exchange Commission was trying to make him defend himself in an SEC court rather than in a federal court.