August 14, 2012
A New York federal judge on Tuesday tossed a putative class action by investors accusing the Goldman Sachs Group Inc. board, including CEO Lloyd Blankfein, of allowing the firm to mishandle government bailout money, robo-sign thousands of foreclosure documents and knowingly sell mortgage-backed securities that did not comply with underwriting standards.
April 30, 2012
Lawyers for Goldman Sachs Group Inc. CEO Lloyd Blankfein and members of the Goldman board asked a federal judge on Monday to dismiss a class action over the way the firm handled government bailout money, saying actions they took to repay the cash were sound business decisions.