Fulton County Employees' Retirement System v. Blankfein et al

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Case overview

Case Number:

1:19-cv-01562

Court:

New York Southern

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Derivative Litigation

Judge:

Vernon S. Broderick

Firms

  1. December 12, 2022

    Goldman Investor Attys Seek $19.8M In Fees In 1MDB Suit

    Attorneys for a class of Goldman Sachs shareholders asked a Manhattan federal judge to approve a $19.8 million payout for their firms related to the 1MDB fraud scheme, saying the length and complexity of the litigation warrants a substantial return.

  2. September 19, 2022

    Goldman Execs' $79.5M Deal Over Investors' 1MDB Suit OK'd

    A New York federal judge has preliminarily approved a $79.5 million payout from a slate of current and former Goldman Sachs directors to end a putative shareholder class action claiming the billion-dollar 1MDB fraud scheme is a result of their repeated shirking of duties to the bank.

  3. May 13, 2022

    Goldman Execs To Pay $79.5M To End Shareholder 1MDB Suit

    A slate of current and former Goldman Sachs directors have agreed to pay $79.5 million to end a putative shareholder class action claiming the billion-dollar 1MDB fraud scheme is a result of their repeated shirking of duties to the bank, the investors said in New York federal court Friday.

  4. November 06, 2019

    Goldman Directors' Inaction Key To 1MDB Scandal, Fund Says

    A Georgia pension fund said that the billion-dollar 1Malaysia Development Bhd. fraud scheme was "only made possible" by a slate of current and former Goldman Sachs directors that repeatedly ignored its duties to the bank.

  5. September 13, 2019

    Goldman Directors Say Fund Can't Tie Them To 1MDB Fraud

    Current and former directors of Goldman Sachs on Thursday said an amended shareholder derivative suit filed over the bank's involvement in the billion-dollar 1Malaysia Development Berhad fraud scandal is no better than its predecessor.

  6. May 14, 2019

    Goldman Directors Fight Derivative Suit Over 1MDB Scandal

    Goldman Sachs' board of directors has asked a New York federal judge to dismiss the shareholder derivative suit filed amid allegations of the bank's involvement in the billion-dollar 1Malaysia Development Berhad fraud scandal.

  7. February 20, 2019

    Goldman Shareholders Sue Directors Over 1MDB Scandal

    Shareholders told a New York federal court on Tuesday that each member of Goldman Sachs' board of directors should return all salaries and compensation they received during the years in which they allowed the bank to become embroiled in the billion-dollar 1Malaysia Development Berhad fraud scandal.

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