Ex-Dragon Execs Sue Goldman Over Merger Advice

Law360, New York (June 7, 2010, 2:07 PM EDT) -- Two former executives of Dragon Systems Inc. say Goldman Sachs Group Inc. breached its contract with the company by directing it to merge with Lernout & Hauspie Speech Products NV although it knew about the massive fraud at the center of the Belgian speech recognition software company.

The lawsuit, filed Friday in the U.S. District Court for the District of Massachusetts, joins an existing complaint filed against Goldman by the top two executives at the once privately held Dragon in the same court.

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