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Goldman Sachs faces class action suit for allegedly deceiving investors
Monday, April 26, 2010 � by jg
CNN Money: A federal class action suit has been filed against Goldman Sachs on behalf of company shareholders, charging the company with “deceiving investors about the bank’s financial conditions.”
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Goldman Sachs earnings rise amid accusations of fraud
Tuesday, April 20, 2010 � by chris
New York Times: Goldman Sachs’ numbers have been getting less attention than a lawsuit filed against the company by the Securities and Exchange Commission.
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Lawyer pleads guilty in Galleon insider trading case
Thursday, December 10, 2009 � by eric
Bloomberg: David Glovin reports that former Ropes & Gray attorney Brien Santarlas pleads guilty to charges for his role in the Galleon Group-Raj Rajaratnam insider-trading scheme, and is cooperating with authorities.
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New Century executives charged with civil fraud
Monday, December 7, 2009 � by eric
In January 2007, a New Century executive told California lawmakers everything was fine–and then the situation turned ugly. The SEC charged three New Century execs with fraud today.