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16 Jul 2010, 6:15 am by admin
The Securities and Exchange Commission announced July 15 that Goldman, Sachs & Co. has agreed to pay a record $550 million penalty and to reform its business practices to settle charges it misled investors in… Read this entire article for free, simply activate your free 15 day trial access to Securities Regulation & Law Report now. [read post]
16 Jul 2010, 3:28 am by Broc Romanek
Humor in the Goldman Sachs Settlement A humorous moment before yesterday's Goldman settlement news conference down at the SEC, which was available via webcast: During the sound check - which could be heard online (but the video feed wasn't on yet) - the dude doing the soundcheck said "won't everyone be surprised when they hear the press conference is for another set of new proxy rules. [read post]
16 Jul 2010, 2:40 am by Kevin LaCroix
  First, the settlement resolves only the charges against Goldman Sachs itself. [read post]
16 Jul 2010, 2:38 am by Kevin LaCroix
"   The report also notes that securities class action litigation activity was up in the quarter as well, largely as a result of litigation relating to the government investigation of Goldman Sachs and the Deepwater Horizon oil spill. [read post]
15 Jul 2010, 10:59 pm by Holden Oliver (Kitzbühel Desk)
Yesterday's $550 million settlement (in 3 months since fraud lawsuit was filed!) [read post]
15 Jul 2010, 6:18 pm by pfriedman
Goldman Sachs committed fraud to get investors to buy into a fund of securities. [read post]
15 Jul 2010, 5:25 pm by Miriam Baer
In case you missed it, Goldman Sachs has settled its case with the SEC for 550 million dollars, pending approval by Judge Barbara Jones. [read post]
15 Jul 2010, 4:41 pm by By DEALBOOK
Goldman Sachs said in a statement that its $550 million settlement with the Securities and Exchange Commission was "the right outcome. [read post]
15 Jul 2010, 4:32 pm by By DEALBOOK
Goldman Sachs's $550 million settlement of securities fraud charges did not include Fabrice P. [read post]
15 Jul 2010, 4:12 pm by By DEALBOOK
While Goldman Sachs's $550 million settlement with the Securities and Exchange Commission may seem impressive at first glance, it's a charge the firm can handle easily. [read post]
15 Jul 2010, 4:07 pm by Adam Levitin
The SEC settled with Goldman Sachs for $550M over Goldman's lack of disclosure in the Abacus 2007-AC1 CDO. [read post]
15 Jul 2010, 3:53 pm by Theo Francis
Robert Khuzami made a splash, as intended, today when he announced the biggest Wall Street penalty in the SEC’s history, a $550 million deal with Goldman Sachs (GS). [read post]
15 Jul 2010, 2:59 pm by Lawrence Cunningham
The SEC announced this afternoon that Goldman Sachs agreed to settle, for $550 million, the civil lawsuit against it alleging materially misleading disclosures in circulars for some mortgage-backed securities it hawked. [read post]
15 Jul 2010, 2:55 pm by Jenna Greene
In the largest-ever penalty paid by a Wall Street firm, Goldman Sachs & Co. today agreed to pay $550 million to settle Securities & Exchange Commission fraud charges. [read post]
15 Jul 2010, 2:52 pm by Christine Hurt
  Goldman Sachs is the 39th largest company in the U.S. according to Fortune magazine. [read post]
15 Jul 2010, 2:48 pm by Banking LawProf
Goldman Sachs has agreed to pay $550 million -- the largest SEC penalty against a Wall Street firm. [read post]
15 Jul 2010, 2:33 pm by Elie Mystal
* Goldman Sachs settles with the SEC — for $550 million dollars. [read post]
15 Jul 2010, 2:14 pm by Brian Baxter
Three months after the SEC first filed securities fraud charges against Goldman Sachs, the financial services giant has reached an agreement with the regulator to pay $300 million in fines and another $250 million in restitution. [read post]