Fabrice Tourre, the Goldman Sachs & Co. trader, has chosen a novel defense against federal regulators accusing him of fraud. He’s blaming the in-house lawyers.

In a filing Monday (pdf) in federal court in Manhattan, the self-described “Fabulous Fab” denied allegations by the Securities and Exchange Commission that he made materially misleading statements or omissions in a 2007 deal involving subprime mortgages.

This content has been archived.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?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]