Ex-P&G Board Member's NY Trial Date Moved To May

Published February 7, 2012 11:36PM (EST)

NEW YORK (AP) — A New York trial for a former board member of Goldman Sachs and Procter & Gamble Co. has been moved from April to May after his lawyer complained prosecutors keep trying to change the charges.

Rajat Gupta (GOOP'-tah) will now go to trial on May 21 on an indictment returned last week.

The Westport, Conn., resident is charged with conspiring with a billionaire hedge fund boss to get a trading edge on secrets he learned as a board member. He remains free on $10 million bail. He pleaded not guilty to the latest indictment on Tuesday.

The federal judge said he was sympathetic to arguments prosecutors substantially altered the case with new charges.

Prosecutors say they plan to show jurors additional crimes that aren't formally charged.

By Salon Staff

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