CASES
Goldman Sachs Group, Inc. (2010) (Notes & Bonds)
Class Period: Dec 14, 2006 to Jun 9, 2010
Summary of Case:
A securities class action has been filed against Goldman Sachs Group, Inc. (2010) (Notes & Bonds) (GS) ("Goldman" or the "Company"), on behalf of all securities purchasers from December 14, 2006 through June 9, 2010, inclusive ("Class Period"), in the United States District Court for the Southern District of New York.
The complaint alleges that throughout the Class Period, defendants issued materially false and misleading statements regarding Goldman's business model and reasons for Goldman's business success during the class period. Goldman also failed to disclose its receipt of a Wells notice from the SEC in July 2009 indicating that charges against the Company were probable. As a result of defendants' false statements, Goldman's securities traded at artificially inflated prices during the class period. After revelations of defendants' fraud, the price of the Company's securities declined significantly from its Class Period high.
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.