Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Monday, June 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Goldman Sachs

MANHATTAN - ACA Financial Guaranty Corp., a bond insurer, demands $90 million from Goldman Sachs, treble damages for an investment portfolio that ACA claims Goldman allowed its hedge fund client, nonparty Paulson & Co. to select, so Paulson could profit by short-selling the portfolio, Goldman Sachs could take fees, and ACA would eat it.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.