BusinessTwo-year probation for Indian American witness in Rajat Gupta, Rajratnam case
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Two-year probation for Indian American witness in Rajat Gupta, Rajratnam case
Globally, analysts can be shy about putting sell ratings on stocks because that can make it harder for their firms to win advisory business and can irritate the management of companies.
An Indian-American former Mckinsey partner, who helped convict Wall Street tycoons Raj Rajaratnam and Rajat Gupta for insider trading, was on Thursday sentenced to two years probation on securities fraud charges and ordered to forfeit $ 2.26 million.