UPDATE 2-U.S. Supreme Court rejects Rajat Gupta's insider trading appeal

April 20, 2015 1:59 PM

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WASHINGTON, April 20 (Reuters) - The U.S. Supreme Court on Monday left intact the 2012 insider trading conviction of former Goldman Sachs Group Inc director Rajat Gupta.

Gupta is the highest-ranking corporate official to be convicted in the U.S. government's multi-year probe of insider trading in the hedge fund industry. The high court rejected Gupta's appeal of a March 2014 ruling by the New York-based 2nd U.S. Circuit Court of Appeals that had upheld his convictio...

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