Gupta decides not to testify

Former P&G director changed his mind two days after his lawyer said he likely would take the stand

It’s flip-flop weather outside these days, and apparently in the courtroom as well.

Former director of Procter & Gamble Co. (P&G) and Goldman Sachs Group Inc. Rajat Gupta, who is on trial over insider-trading charges, decided yesterday that he will not take the stand in his own defense. Just two days earlier, Gupta’s lawyer announced that it was “highly likely” that he would testify.

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