Reuters: Regulatory News: Gupta likely to take stand in own defense -judge

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Gupta likely to take stand in own defense -judge Jun 8th 2012, 20:57 NEW YORK, June 8 | Fri Jun 8, 2012 4:57pm EDT NEW YORK, June 8 (Reuters) - An attorney for insider-trading defendant Rajat Gupta said it is "highly likely" that the former Goldman Sachs Group Inc board member will testify in his own defense at trial, the judge said on Friday. U.S. District Judge Jed Rakoff in Manhattan announced Gupta's possible testimony after the jury went home for the day. Gupta is on trial on charges of securities fraud and conspiracy for allegedly leaking stock tips to Galleon Group hedge fund founder Raj Rajaratnam. Gupta, 63, has pleaded not guilty. The prosecution rested its side of the case earlier on Friday.

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