UPDATE, 11:57 a.m.- According to a spokesperson from the SEC, Sullivan & Cromwell partner Richard Klapper is representing Goldman Sachs in the suit. The firm has a longtime relationship with the bank. Bloomberg is reporting that Allen & Overy‘s Pamela Chepiga is representing Tourre.
While the reputation of Goldman Sachs may have taken a hit as a result of the financial crisis, the investment banking and securities firm could always hang its hat on the fact that it had never been tainted with charges of wrongdoing. Not anymore. In a stunning civil suit filed by the SEC on Friday, the government accuses Goldman of committing securities fraud.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]