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Goldman ex-director Gupta must repay bank $6.22 million

A federal judge on Monday ordered former Goldman Sachs Group Inc (GS.N) director Rajat Gupta to reimburse $6.22 million to help the Wall Street bank cover its legal expenses related to his criminal insider trading case. Goldman had sought to recover $6.91 million, and U.S. District Judge Jed Rakoff in Manhattan said the bank had proved it was entitled to 90 percent of what it requested. Gupta, 64, is appealing his June 15, 2012 conviction and two-year prison term for feeding confidential information he had learned at Goldman board meetings to Raj Rajaratnam, the Galleon Group hedge fund manager and former billionaire. More on Reuters here.

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