Skip to content
Howdy! How can we help you?
< All Topics
Print

Update in Lawsuit against The Goldman Sachs

Investors, who purchased shares of The Goldman Sachs Group, Inc. (NYSE: GS) and continue to hold NYSE: GS shares long-term, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

On December 20, 2018, a lawsuit was filed against The Goldman Sachs Group, Inc. (NYSE: GS over alleged Securities Laws violations. The plaintiff alleged that the Defendants made false and/or misleading statements and/or failed to disclose that Goldman Sachs participated in a fraud and money-laundering scheme in collusion with Malaysia Development Bhd. (“1MDB”), a Malaysian state-owned investment fund set up in 2009, that the foregoing conduct, when revealed, would foreseeably subject Goldman Sachs to heightened regulatory investigation and enforcement, and that as a result, Goldman Sachs’s public statements were materially false and misleading at all relevant times.

On March 11, 2019, an amended complaint was filed and on October 28, 2019, a second amended complaint was filed. On January 9, 2020, the defendants filed their motion to dismiss the second amended complaint.

Those who purchased The Goldman Sachs Group, Inc. (NYSE: GS) and continue to hold NYSE: GS shares long-term should contact the Shareholders Foundation, Inc.

Read more www.digitaljournal.com

Previous Nearly 450 Organizations Call on Biden Administration to End Public Finance for Fossil Fuels
Next UK must fix modern slavery laws to help protect Uighurs in China, say MPs