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Goldman Sachs,sec enforcement

07/16/2010 06:04:00 PM EST

Goldman paying $550M to settle civil fraud charges

Posted by

Corporate & Securities Law Community Staff

WASHINGTON-(AP) Resolving a high-profile government case linked to the mortgage meltdown, Goldman Sachs & Co. has agreed to pay a record $550 million to settle civil fraud charges that it misled buyers of complex investments.

The Securities and Exchange Commission announced the settlement Thursday with the Wall Street titan, just…

Subscribers to www.lexis.com may read the full version of this article here.

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