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Goldman Sachs Discloses Derivative Actions Filed Against It In SEC Form

WASHINGTON, D.C. - (Mealey's) Under-fire investment banking and securities firm Goldman Sachs Group Inc. has been hit with six shareholder derivative lawsuits in connection with its sale of collateralized debt obligations (CDOs) and its marketing of the CDOs to investors, according to a disclosure...

The Week In Securities Litigation: DOJ Files Significant Market Crisis Case Against Rating Agency

The Department of Justice filed one of the most significant market crisis cases this week against a major rating agency as a defendant. The case centers on years of false statements about ratings given to RMBS and CDOs, according to the complaint, as the market crisis evolved and the market for those...