Insidertradingbreachessecuritiestransactionruleofopen, justice and fair and disorders the securities transactionsystem. It seriouslyharms the society's order.
However, Gupta would have to take the witness stand while the prosecutor asked questions that would fill in the blanks of how they believed the insidertransaction went down between Gupta and Rajaratnam.
When the charges were first announced, prosecutors said the Dell trades represented the largest insider trading transaction ever prosecuted in Manhattan.