NEW YORK - Ruling that former Goldman Sachs Group Inc. director Rajat Gupta was not a "beneficial owner" of Goldman Sachs shares under federal securities laws, a Second Circuit U.S. Court of Appeals panel in a per curiam opinion on April 5 affirmed a federal judge's dismissal of a shareholder derivative lawsuit (James Mercer v. Rajat K. Gupta, No. 12-3393, 2nd Cir.)....(read more)![]()
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