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Rajat Gupta denies insider trading charges

Indictment states Gupta passed on confidential data

A former board member of Goldman Sachs and Procter & Gamble pleaded not guilty Wednesday to federal charges accusing him of acting as “the illegal eyes and ears in the boardroom’’ for a friend, a billionaire hedge fund founder sentenced this month to 11 years in prison in the biggest insider trading case in history.

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