Goldman Sachs

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Modified on 2009/10/14 21:42 by admin
One of the most recognized national brokerage firms, Utah-based Goldman Sachs has been named in a number of lawsuits alleging securities and investment fraud. Goldman Sachs recently paid $1.6 million because it maintained insufficient email records, a major violation of the Securities and Exchange Commission's record-keeping regulations.

Goldman Sachs also settled a lawsuit with the Attorney General of the State of New York for over $100 million over allegations that firm analysts worked with investment bankers to boost stocks in an effort to gain underwriting and banking business. The firm has also been accused of manipulating initial public offerings (IPOs) of stocks.

Stocks Goldman Sachs may have manipulated include the following:

360 Networks
Amazon
Crosswave Communications
Crown Castle
Equinix
Exodus
GeneProt
StorageNetworks
Ventro
WebEx
Winstar Communications
WorldCom

If you have been victimized by securities fraud because of Goldman Sachs, it may be important to contact an attorney who can help you protect your legal rights. Please keep in mind that there may be time limits within which you must commence suit.



See Also

  1. Securities & Investment Fraud
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