Goldman Sachs To Settle NCUA's $491M Securities Suit

By Bonnie Eslinger · June 6, 2016, 10:32 PM EDT

Goldman Sachs & Co. is poised to settle a $491 million lawsuit lodged by the National Credit Union Administration alleging it misrepresented the risk of certain residential mortgage-backed securities, after a...

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Case Information

Case Title

National Credit Union Administration Board v. Goldman Sachs and Co et al

Case Number

2:11-cv-06521

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

August 09, 2011