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Summary: Goldman Sachs could be facing a civil lawsuit from the government once an investigation into the big bank is complete. Back in December federal litigators informed Goldman Sachs Group Inc. that the firm might face a civil lawsuit as a…>read moreNo Comment February 23, 2015
Summary: Goldman Sachs will join Bank of America and other financial institutions that have recently settled claims of fraudulent conduct by paying $1.1 billion to the Federal Housing Finance Agency as early as next week. Reuters reports that Goldman Sachs…>read moreNo Comment August 25, 2014
Zillow and Trulia, after nine years of competition in the online real estate community, have decided to merge and combine their efforts. After Zillow’s chief executive Spencer Rascoff approached his competition, with the soothing words of a spectacular merger, Trulia…>read moreNo Comment July 28, 2014
For successful corporate attorneys in top U.S. cities, the differences in work patterns between corporate departments and law firms have almost ceased to exist, though earning patterns continue to vary. Those who have embraced the change are able to shift…>read moreNo Comment July 10, 2014
The law firm of Paul, Weiss, Rifkind, Wharton & Garrison is adding a top official from the United States Attorney’s Office in Manhattan, according to the firm and a report from Reuters. The chief of the criminal division in the…>read moreNo Comment June 27, 2014
Former Goldman Sachs director Rajat Gupta failed in his attempt to stay out of prison while he appeals his 2012 conviction to the U.S. Supreme Court. On Friday, the 2nd US Circuit Court of Appeals in New York rejected Gupta’s…>read moreNo Comment June 3, 2014
The Goldman Sachs Group Inc. is working with Asia’s largest refiner, China Petroleum & Chemical Corp., according to Bloomberg News, on the sale of a stake in its retail assets. Headquartered in the lower Manhattan area of New York City,…>read moreNo Comment April 3, 2014
The Securities and Exchange Commission is going after former vice-president of Goldman Sachs Fabrice Tourre for misleading investors – a fairy tale scenario, the judge says. U.S. District Judge Katherine B. Forrest said it’s as if he handed Little Red…>read moreNo Comment July 15, 2013
On Friday, the Commodity Futures Trading Commission (CFTC) imposed a fine of $1.5 million on Goldman Sachs to settle charges over its failure to supervise its traders and allowing at least one futures dealer to hide billions and cause a…>read moreNo Comment December 10, 2012
While on September 6, the 2nd U.S. Circuit Court of Appeals in New York allowed a mortgage class-action lawsuit to go ahead with the lawsuit accusing Goldman of misleading investors about the securities risk, Goldman wants to take no risks…>read moreNo Comment November 3, 2012
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