A Goldman Sachs person, whose name or identity has not been disclosed, was found caught on a wiretap leaking secrets about Intel and Apple, a lawyer for former Goldman board member Rajat Gupta stated in court, reports Reuters. Since the matter is not public, the source related to the matter declined to be identified.
According to Lawyer Gary Naftalis, said that “the Goldman person leaked confidential information about the two companies to Raj Rajaratnam, the Galleon Group hedge fund founder convicted of insider-trading charges last year in a heated exchange with U.S. prosecutor Reed Brodsky during a pre-trial hearing.
“In a letter Brodsky said the government had a person who provided confidential information to Raj Rajaratnam about Apple and Intel,” Naftalis said. “There is also wiretap evidence, substantial evidence of another source at Goldman Sachs.” Naftalis told U.S. District Judge Jed Rakoff that the defense believed “there is a much more circumstantial case that person should be sitting in the box rather than us” and “the wrong man is on trial here.”
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