Market Overview

SEC Issues Statement on Tourre Verdict

Related GS
Earnings Scheduled For April 17, 2014
Stocks To Watch For April 17, 2014
Should the Street Fear Hillary? (Fox Business)

“We are gratified by the jury's verdict finding Mr. Tourre liable for fraud. We will continue to vigorously seek to hold accountable, and bring to trial when necessary, those who commit fraud on Wall Street. As shown by this verdict, we proved that Mr. Tourre, as a Goldman Sachs Vice President, put together a complicated financial product that was secretly designed to maximize the likelihood that it would fail, and marketed and sold it to investors without appropriate disclosure.”

Posted-In: News

 

Most Popular

Related Articles (GS)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free