May 21, 2026
Goldman Sachs has agreed to pay $500 million to end a lawsuit brought by investors who say they lost money after it came to light that the company was allegedly involved in a bribery scandal tied to Malaysia's sovereign wealth fund.
April 22, 2026
Goldman Sachs has reached a settlement-in-principle with investors claiming losses from the 1MDB bond bribery scandal, according to a joint letter filed in New York federal court on Wednesday.
March 03, 2026
Goldman Sachs and two of its former executives have asked a New York federal judge to grant them an early win in an investor suit claiming losses from the 1MDB bond bribery scandal, saying that what remains in the suit is an "incoherent, reverse-engineered theory of securities fraud that the factual record does not sustain."
September 04, 2025
A New York federal judge on Thursday overruled objections raised by Goldman Sachs and fully adopted a magistrate judge's recommendation to certify a class of Goldman investors who claim losses from the 1MDB bond bribery scandal.
May 06, 2024
Goldman Sachs and its former top brass have urged a New York federal judge not to adopt a magistrate judge's recommendation to grant certification to a proposed class of investors claiming losses from the 1MDB bond bribery scandal, saying the magistrate judge erred in concluding that Goldman's stock price was affected by alleged misstatements.
April 08, 2024
A proposed class of Goldman Sachs investors alleging losses from the 1MDB bond bribery scandal is one step closer to clinching class certification, with a magistrate judge recommending that a New York federal court grant partial approval to their request.
August 01, 2023
A proposed class of Goldman Sachs investors suing over alleged losses from the 1MDB bond bribery scandal can amend its complaint for the third time after a New York federal judge rejected the investment bank's arguments that it was too late and futile to do so.
July 28, 2023
Goldman Sachs Group Inc. cannot redact the name of an in-house attorney from the docket of a proposed investor class action over the multibillion-dollar 1Malaysia Development Berhad fraud scandal, a Manhattan federal judge has ruled.
January 28, 2022
Goldman Sachs urged a Manhattan federal judge Thursday not to certify a proposed securities class action over the multibillion-dollar 1Malaysia Development Berhad fraud scandal, saying shareholders can't draw a link between 2018 media reports and the investment bank's purported stock drops.
November 15, 2021
A group of Goldman Sachs investors asked a New York federal judge to certify their proposed class and accept their recommendation for class representative and counsel in a suit over the multibillion-dollar 1Malaysia Development Berhad fraud scandal.