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THE PRUDENTIAL INSURANCE COMPANY OF AMERICA et al v. GOLDMAN, SACHS & COMPANY et al
Case Number:
2:12-cv-06590
Court:
Nature of Suit:
Racketeer/Corrupt Organization
Judge:
Firms
Companies
Sectors & Industries:
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January 06, 2014
Prudential, Goldman Settle $375M RMBS Fraud Suit
A New Jersey federal judge on Monday dismissed Prudential Insurance Company of America Inc.'s lawsuit accusing Goldman Sachs & Co. of fraud and racketeering related to the sale of more than $375 million in residential mortgage-backed securities, after the parties reached an undisclosed settlement.
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April 10, 2013
Goldman Can't Duck Prudential's $375M RMBS Fraud Suit
A New Jersey federal judge on Wednesday refused Goldman Sachs & Co.'s bid to dismiss a lawsuit filed by Prudential Insurance Co. of America and others alleging fraud and racketeering related to the sale of more than $375 million in residential mortgage-backed securities, finding that Prudential so far has shown it can make a case against the bank.