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Goldman Sachs director in probe

PROSECUTORS are examining whether Goldman Sachs director Rajat Gupta gave inside information about the bank to Galleon hedge fund founder Raj Rajaratnam, the Wall Street Journal reported yesterday.

“Mr. Gupta is unaware of any examination of any such issue and has done nothing wrong,” a spokeswoman for Gupta said in a statement.

Rajaratnam has pleaded not guilty to criminal insider trading charges. He faces a related civil lawsuit by the US Securities and Exchange Commission.