Goldman Sachs (GS) May Face Investigation of Offering, Auction of Securities
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Goldman Sachs (GS) Trims Litigation Loss Outlook
November 3, 2015 7:22 AM ESTGoldman Sachs (NYSE: GS) trimmed its legal loss expectations.
With Goldman's latest 10-Q filing, the firm stated [emphasis ours]:
With respect to matters described below for which management has been able to estimate a range of reasonably possible loss where (i) actual or potential plaintiffs have claimed an amount of money damages, (ii) the firm is being, or threatened to be, sued by purchasers in an underwriting and is not being indemnified by... More
