Rajat Gupta must repay Goldman Sachs $6.22 million in legal costs

The former Goldman Sachs director was convicted of insider trading and sentenced to two years in prison last fall

Rajat Gupta’s sizeable net worth will be somewhat diminished after a judge ruled Monday that the former Goldman Sachs Group Inc. director must repay the bank more than $6 million in legal fees connected with his insider trading case.

Last October, Gupta was sentenced to two years in prison for sharing corporate secrets with former hedge fund manager Raj Rajaratnam. (A year earlier, Rajaratnam received an 11-year sentence for his part in the scheme.)

Alanna Byrne

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