Ex-Goldman Trader Tourre Can't Trim Fraud Case Before Trial

Law360, New York (July 9, 2013, 4:15 PM EDT) -- Former Goldman Sachs Group Inc. trader Fabrice Tourre on Tuesday lost a bid to pare government accusations that he participated in a fraudulent scheme to defraud investors from a case accusing him of selling faulty mortgage-backed securities, a week before his trial is set to begin.

U.S. District Judge Katherine Forrest denied Tourre's bid to preclude U.S. Securities and Exchange Commission attorneys from arguing or presenting evidence to a jury that his pitch to Goldman customers of a now-notorious collateralized debt obligation the investment bank sold...
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