Goldman Sachs & Co. is a registered brokerage and investment adviser firm with a main office in New York City. While headquartered in New York, Goldman Sachs operates throughout the United States as well as abroad. Goldman Sachs offers services such as investment banking, prime brokerage, sales and trading, investing and lending, private wealth management, and more. Goldman Sachs has more than 30 years of experience helping its clients manage risk, monitor their portfolios, and maintain liquidity.
If you invested with Goldman Sachs or one of its registered stockbrokers/advisors and you lost a substantial amount of money, we invite you to contact our firm. Meyer Wilson uncovers losses that were caused by investment fraud and misconduct, aiming to help investors recover their losses. If you lost money, contact one of our investment loss attorneys today.
Goldman Sachs Disclosure Events – Regulatory Events, Civil Events & Arbitration
The Financial Industry Regulatory Authority (FINRA) publicly lists all disclosure events in a brokerage firm's history. FINRA's report on Goldman Sachs reveals 280 regulatory events, 3 civil events, and 15 arbitration events in Goldman Sachs' history. Below are some selected disclosure events.
In October 2014, Goldman Sachs was fined $40,000 after allegations of violating New York Mercantile Exchange "NYMEX" rule 526.F by "executing certain block trades that were not reported to NYMEX within the applicable time limit following execution, reporting inaccurate execution times for these block trades, and misreporting trades."
In a civil case initiated with a court action filing in April 2010, the Securities and Exchange Commission (SEC) filed securities fraud charges against Goldman Sachs and one of its employees for making misstatements and omissions. Judgment was rendered and sanctions ordered/relief granted included a monetary fine of $535 million, restitution, and a cease & desist/injunction.
What to Do If You Suspect Misconduct
Did you invest with Goldman Sachs or one of its registered brokers? Do you suspect fraud or misconduct? We invite you to contact an investment loss lawyer at Meyer Wilson. Our firm has years of experience helping investors recover losses caused by investment misconduct. Let us help you. If you invested with this firm and lost a substantial amount of money, call us today or fill out an online contact form.