Ex-McKinsey Director says he is guilty of insider trading

“From 2003 through 2009, Kumar and Rajaratnam, who met in the 1980s while they were both at the same business school, conspired to engage in insider trading,” a statement from US Attorney Preet Bharara’s office said, adding that Kumar received amounts ranging up to US$1 million in certain years. Kumar, 51, who left McKinsey after being put on indefinite leave, had been accused of providing insider information about McKinsey’s clients, including acquisition of ATI Technologies Inc by Advanced Micro Devices Inc.

Assembly elections 2019 | Get the latest news, views and analysis on elections in Haryana and Maharashtra on DeccanHerald.com


For election-related news in Maharashtra, click here

For election-related news in Haryana, click here

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)