Former Goldman Sachs and Blackstone Analysts Face Insider Trading Charges
Introduction: In a significant legal development, U.S. prosecutors have filed criminal charges related to insider trading against former Goldman Sachs…
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Goldman Sachs to Initiate Fresh Round of Job Cuts: Here’s What You Need to Know
According to insiders familiar with the matter, Goldman Sachs is gearing up for a new round of job cuts targeting…
Goldman Sachs Faces Tough Decisions as Goodwill Writedown Sends Signals
Goldman Sachs Group Inc. disclosed a significant half-billion-dollar goodwill impairment, primarily associated with the troubled acquisition of a home improvement…
Goldman Sachs’ $215M Settlement for Sex Discrimination Sparks Potential Progress in Gender Equality
Goldman Sachs, one of the leading investment banking firms on Wall Street, has reached a significant settlement of $215 million…
Goldman Sachs Reaches $5.06 Billion Settlement
Summary: For their actions during the financial crisis of 2007 to 2009, the Goldman Sachs Group will pay $5.06 billion…
Goldman Sachs’ Profits Hurt by Litigation Costs
Summary: While legal costs have hurt their profits, Goldman Sachs’ overall profits are up from a year ago. Goldman Sachs…
Judge Overturns Jury’s Decision in Case against Former Goldman Sachs Programmer
Summary: A jury found Sergey Aleynikov guilty of a seldom used 1967 law of “unlawful use of secret scientific material”.…
Goldman Sachs at Risk of Facing Civil Lawsuit
Summary: Goldman Sachs could be facing a civil lawsuit from the government once an investigation into the big bank is complete. …
Goldman Sachs to Pay $1.1 Billion to Settle Claims with Federal Housing Finance Agency
Summary: Goldman Sachs will join Bank of America and other financial institutions that have recently settled claims of fraudulent conduct…
SEC Seeks Former Goldman Sachs Trader with Civil Fraud Charges
The Securities and Exchange Commission is going after former vice-president of Goldman Sachs Fabrice Tourre for misleading investors – a…
CFTC Fines Goldman Sachs $1.5 Million
On Friday, the Commodity Futures Trading Commission (CFTC) imposed a fine of $1.5 million on Goldman Sachs to settle charges…
Goldman Sachs Asks Supreme Court to Dismiss Mortgage Class-Action
While on September 6, the 2nd U.S. Circuit Court of Appeals in New York allowed a mortgage class-action lawsuit to…