Ex-Goldman Trader Tourre Seeks New Trial

Law360, New York (October 1, 2013, 12:42 PM EDT) -- Former Goldman Sachs Group Inc. trader Fabrice Tourre on Monday asked a federal judge in New York to either overturn his securities fraud conviction or grant a new jury trial, arguing there is no evidence that he profited from the alleged fraud.

A jury in August largely sided with the SEC in its fraud case against Tourre, finding that he misled investors in a “built-to-fail” financial project. A nine-member jury came back with a verdict against Tourre on Aug. 1, finding him liable on six of...
To view the full article, register now.




Case Information

Case Title

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

Case Number



New York Southern

Nature of Suit



Katherine B. Forrest

Date Filed

April 16, 2010

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.