Law360, New York (April 18, 2012, 3:45 PM ET) -- Investors leading a putative class action against Goldman Sachs Group Inc. on Tuesday asked a Massachusetts federal judge to force the company to turn over executives’ self-evaluations, which they say detail a price-fixing scheme to profit from more than 20 leveraged buyouts.
The evaluations allegedly show that Goldman executives deliberately bet against investments in a conspiracy with other private equity firms to keep prices down, and could prove that Goldman is at the center of a multibillion-dollar antitrust scheme, according to the plaintiffs' memorandum, filed in...
Investors Demand Goldman Execs’ Evals In Bid-Rigging Row
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