Goldman Sachs facing fraud lawsuit

Wall Street giant Goldman Sachs has been accused of defrauding investors in a civil lawsuit filed by America's Securities and Exchange Commission (SEC).

Goldman Sachs facing fraud lawsuit
Sat, 17 Apr, 2010 - 09:47

Wall Street giant Goldman Sachs has been accused of defrauding investors in a civil lawsuit filed by America's Securities and Exchange Commission (SEC).

The US government's financial watchdog said Goldman Sachs misled investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering.

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