A federal judge refused a request by Fabrice Tourre of Goldman Sachs (GS) to dismiss an SEC fraud lawsuit, months after Goldman settled its part in the case for $550 million.
The lawsuit accused Goldman of creating collateralized debt obligations (CDO) and selling it to German investors without telling them that the hedge fund Paulson & Co helped choose the underlying securities so it could…
Continue reading Judge Refuses to Dismiss SEC Case Against Goldman’s Fabrice Tourre
Judge Refuses to Dismiss SEC Case Against Goldman’s Fabrice Tourre originally appeared on DailyFinance on Tue, 02 Nov 2010 06:51:00.
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