A lawyer for former Goldman Sachs director Rajat Gupta has said he is "very disappointed" at the decision of a US court to uphold the conviction of the India-born executive on insider trading charges, and that his client deserves a new trial.
"We are very disappointed in today's decision, we believe Gupta is entitled to a new trial, and are closely reviewing the opinion with an eye toward further review," said 65-year-old Gupta's lawyer Seth Waxman who was US solicitor general under former President Bill Clinton.