Tagged with "Goldman Sachs"

Attorney Eccleston Quoted in Barron's Article

Posted on November 1st, 2023 at 9:46 AM
Attorney Eccleston Quoted in Barron's Article

Attorney Jim Eccleston was recently quoted in a Barron's Article on Goldman Sachs' intent to pursue arbitration after dozens of advisors left the firm following the announcement that its Personal Financial Management unit was being sold to Creative Planning. 

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Goldman Sachs and JPMorgan Join $500 Million Lawsuit Settlement

Posted on September 15th, 2023 at 1:35 PM
Goldman Sachs and JPMorgan Join $500 Million Lawsuit Settlement

Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co., and UBS AG have agreed to settle an antitrust class action by pension funds over their control of the market for stock loans for hedging and short selling, according to Bloomberg Law.

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Investor Advocates Declare Victory After Supreme Court’s Goldman Ruling

Posted on June 29th, 2021 at 3:41 PM
Investor Advocates Declare Victory After Supreme Court’s Goldman Ruling

Investor rights advocates are claiming a victory after the Supreme Court reviewed a case, in which Goldman Sachs was accused of concealing conflicts of interest, and determined to remand it to the appeals court for further proceedings.

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Goldman Sachs Agrees to Pay $2.9 Billion to Settle Criminal Case Related to 1MDB

Posted on October 27th, 2020 at 4:07 PM
Goldman Sachs Agrees to Pay $2.9 Billion to Settle Criminal Case Related to 1MDB

Goldman Sachs agreed to pay $2.9 billion to settle a criminal investigation brought by federal prosecutors.

 

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Goldman Sachs Expands Wealth Management Reach by Purchasing United Capital

Posted on May 16th, 2019 at 4:57 PM
Goldman Sachs Expands Wealth Management Reach by Purchasing United Capital

In an effort to become a dominant player in the financial advice business, Goldman Sachs Group Inc. has announced that it has agreed to buy United Capital Financial Partners Inc. for $750 million.

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Morgan Stanley Investment Bankers Collect Millions in Fees from Uber IPO as Clients Face Losses

Posted on May 15th, 2019 at 4:40 PM
Morgan Stanley Investment Bankers Collect Millions in Fees from Uber IPO as Clients Face Losses

Underwriters from Morgan Stanley and Goldman Sachs will collect millions of dollars in fees from clients who had invested in Uber’s initial public offering (IPO) last week. Nevertheless, the clients who had invested in Uber’s IPO are now facing large losses.

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FINRA Arbitrators Order Goldman Sachs Pay $100 Million

Posted on May 19th, 2015 at 11:22 AM
FINRA Arbitrators Order Goldman Sachs Pay $100 Million

Goldman Sachs has been ordered to pay $100 million, plus interest, to the National Australia Bank (NAB) for violating industry practices related to the sale of mortgage-linked securities. 

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10 Firms Fined for Allowing Equity Analysts to Solicit IB Business

Posted on December 30th, 2014 at 9:56 AM
10 Firms Fined for Allowing Equity Analysts to Solicit IB Business

FINRA has fined 10 firms a total of $43.5 million for allowing their equity research analysts to solicit investment banking business and for offering favorable research coverage in connection with the 2010 planned initial public offering of Toys R Us. 

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Goldman Sachs Found Liable for Retaliation against Military Personnel

Posted on December 19th, 2014 at 8:37 AM
Goldman Sachs Found Liable for Retaliation against Military Personnel

A panel of securities industry arbitrators awarded two military personnel $7.6 million for wrongful discharge and for violations of USERRA, the federal law that protects military personnel from workplace harassment and retaliation.

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