Goldman's Tourre Targets SEC Audiotape In Abacus Case

Law360, New York (March 18, 2013, 3:28 PM ET) -- Former Goldman Sachs Group Inc. trader Fabrice Tourre asked a New York federal judge Friday to block the U.S. Securities and Exchange Commission from “sandbagging” him by introducing new telephone recordings in their pursuit of misrepresentation claims over the failed Abacus investment vehicle.

In a motion filed in federal district court in Manhattan, Tourre said the SEC's case is based on an audiotape of a 2008 telephone call between two employees of ACA Financial Guaranty Corp. discussing the disputed Abacus collateralized debt obligation that the commission's...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Securities and Exchange Commission v. Goldman Sachs & Co. et al


Case Number

1:10-cv-03229

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Katherine B. Forrest

Date Filed

April 16, 2010

Law Firms

Companies

Government Agencies