The U.S. Securities and Exchange Commission on Tuesday charged Rajat Gupta, a former board member at Goldman Sachs and founder and chairman of the Indian School of Business, with insider trading, raising questions about whether Mr. Gupta would remain on the business school’s executive board, the Indian Express reports. The school, one of the top ranked in the world, issued a statement saying that it had taken note of the charges but was confident that Mr. Gupta would be cleared of any charges.
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Founder of Indian School of Business Faces Insider-Trading Charges
March 3, 2011, 1:25 pm
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