SEC Accuses Goldman Sachs of Fraud on Mortgage Deals

, Corporate Counsel


The Securities and Exchange Commission on Friday leveled fraud charges against Goldman Sachs Group Inc. and one of its vice presidents for misleading investors. The complaint alleges that the company misstated and omitted key facts about a financial product tied to subprime mortgages as the U.S. housing bubble was beginning to burst in 2007.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to LexisAdvance®.

Continue to LexisAdvance®

Not a LexisAdvance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via LexisAdvance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202448194033

Thank you!

This article's comments will be reviewed.