But he said that in Goldman’s case, the notice was so significant to investors that it required the firm to update a January 2009 SEC filing disclosing the initial investigation. That filing, which detailed Goldman’s mortgage litigation risks at the time, indicated the firm had received information requests from securities regulators specifically about its CDO business, Dubbs said. “They went through such conniptions to hide this,” Dubbs said. “That shows consciousness of guilt.”
The materials appearing on this website are provided for informational purposes only and do not constitute legal advice. You should not take action based upon this information without consulting legal counsel. This site is not intended to create an attorney-client relationship. The hiring of a lawyer is an important decision that should not be based solely upon any single source of information, including advertising on this website. You may ask us to send you further information about us, and we urge you to review other sources of information about us.