Thursday, July 15, 2010

Goldman set to settle SEC fraud case soon: report

Settle out of court and admit no guilt closes the door to future civil lawsuits.

Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.

Source: reuters.com

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