Goldman Sachs Exec Pay Suit Gets Heave-Ho Again

Law360, New York (December 20, 2013, 6:50 PM EST) -- Goldman Sachs Group Inc. again defeated shareholder derivative allegations Friday over the stock options it gave to its executives, but a New York state judge stopped just short of putting the final nail in the coffin that the bank's attorney wanted.

In a bench decision, Judge Jeffrey K. Oing said that allegations that Goldman Sachs had improperly valued stock options it gave to some of its executives between 2005 and 2008 didn't pass muster because the bank's valuation methods were disclosed in financial filings.

The board...
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