Goldman Pays $27M To Settle Fight Over $700M MBS Offering

By Carolina Bolado · July 31, 2012, 10:01 PM EDT

Goldman Sachs Group Inc. is paying $26.6 million to settle a class action brought by investors claiming they were misled into buying risky mortgage-backed securities in a $696 million offering, according...

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Case Information

Case Title

Public Employees' Retirement System of Mississippi et al v. Goldman Sachs Group, Inc. et al

Case Number

1:09-cv-01110

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

February 06, 2009