Goldman CEO Seeks To Toss Investors' Bailout Suit

Law360, New York (April 30, 2012, 9:38 PM EDT) -- Lawyers for Goldman Sachs Group Inc. CEO Lloyd Blankfein and members of the Goldman board asked a federal judge on Monday to dismiss a class action over the way the firm handled government bailout money, saying actions they took to repay the cash were sound business decisions.

Investors in a putative class action against the board claim Goldman's repayment of money lent to it under the Troubled Asset Relief Program turned out far better for the board than it did for Goldman's finances, since it ended...
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Case Information

Case Title

Brautigam v. Blankfein et al


Case Number

1:11-cv-04544

Court

New York Southern

Nature of Suit

Stockholders Suits

Judge

William H. Pauley, III

Date Filed

June 30, 2011


Case Title

Retirement & Relief System Of The City Of Birmingham, Alabama v. Blankfein et al


Case Number

1:11-cv-06504

Court

New York Southern

Nature of Suit

Stockholders Suits

Judge

William H. Pauley, III

Date Filed

September 18, 2011

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