Recorded Call OK In Goldman Trader Fraud Suit, Judge Says

Law360, New York (April 26, 2013, 6:25 PM EDT) -- A New York federal judge said Friday that the U.S. Securities and Exchange Commission could use a late-discovered telephone recording in its fraud suit against former Goldman Sachs Group Inc. trader Fabrice Tourre, despite Tourre’s protest that he is being “sandbagged.”

U.S. District Judge Katherine Forrest ruled that a 2008 telephone call between employees of ACA Financial Guaranty Corp., which Tourre allegedly defrauded, can be used as evidence in the upcoming trial.

“You’re going to have this call in,” the judge told lawyers for both sides...
To view the full article, register now.



Case Information

Case Title

Securities and Exchange Commission v. Goldman Sachs & Co. et al

Case Number



New York Southern

Nature of Suit



Katherine B. Forrest

Date Filed

April 16, 2010

Law Firms


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.