04/19/2012 05:05 pm ET Updated Jun 19, 2012

Current Goldman Sachs Employee Under Investigation For Insider Trading

NEW YORK, April 19 (Reuters) - Federal prosecutors in California are investigating a Goldman Sachs employee for insider trading according to prosecutors and defense lawyers who attended a hearing in U.S. federal court in New York on Thursday.

The investigation of the employee was divulged during a hearing involving the insider trading case against former Goldman board member Rajat Gupta.

The unidentified employee still works at Goldman and attorneys did not provide any details about the investigation.