A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co. has told a federal appeals court that his client deserves a new trial. Attorney Seth Waxman yesterday told the U.S. Circuit Court of Appeals for the Second Circuit that Rajat Gupta never got a fair chance to prove his innocence. The three-member panel of Judges Jon Newman, Amalya Kearse and Rosemary Pooler did not immediately rule.
Southern District Assistant U.S. Attorney Richard Tarlowe told the judges that Gupta’s trial was fair. Gupta was sentenced last year to two years in prison for providing stock tips to a wealthy Manhattan hedge fund founder. The Harvard-educated businessman and Westport, Conn., resident attended the appeals arguments.
