Goldman Sachs Class Action
Zamansky & Associates has filed a class action complaint against Goldman Sachs and certain of its directors and officers for failing to disclose material information to shareholders. The complaint alleges that Goldman Sachs caused its stock to trade at artificially inflated prices during the period between January 2, 2007 and April 16, 2010 by failing to disclose material information regarding its ABACUS 2007-ACI CDO. The complaint further alleges that Goldman Sachs and its directors and officers failed to disclose that it received a Wells Notice from the SEC in approximately July 2009 regarding the SEC’s investigation into Goldman Sachs’ role in structuring the ABACUS CDO.
Investors who purchased Goldman Sachs common stock between January 2, 2007 and April 16, 2010 may be able to participate in the class and are urged to contact us using the form below. A copy of the complaint can be found here.