 In April 2010, Goldman director Rajat Gupta was named in an insider-trading case.It was said Gupta had "tipped off a hedge-fund billionaire", Raj Rajaratnam of Galleon Group, about the $5 billion Berkshire Hathaway investment in Goldman during the financial crisis of 2007-2008.According to the report, Gupta had told Goldman the month before his involvement became public that he wouldn't seek re-election as a director.