Ex-Goldman Exec Rips Arbitration Push In Fed Leak Fees Suit

Law360, New York (September 1, 2016, 4:41 PM EDT) -- A former Goldman Sachs & Co. executive on Tuesday told a New York judge that the investment bank can’t force arbitration of his fee advancement and indemnity claims currently pending in Delaware state court, as he seeks to defend himself against charges of receiving insider information from a New York Fed employee.

The dispute is the latest in the continuing fallout from the alleged leak of confidential information from a Fed staffer to a now-former Goldman employee who previously worked at the regulator. Goldman has thus far paid a total of $86.3 million to the Fed and the New York State...

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