Defendant Name: Goldman, Sachs & Co.

Defendant Type: Subsidiary of Public Company
Public Company Parent: The Goldman Sachs Group, Inc
SIC Code: 6211
CUSIP: 38141G10

Initial Case Details

Legal Case Name SEC v. Goldman, Sachs & Co.
First Document Date 28-Apr-2003
Initial Filing Format Civil Proceeding
Case Number 03-cv-02944
Allegation Type Investment Advisers/Investment Companies
Federal District Court New York, Southern District of New York

Violations Alleged

Other
• Rules 2110, 2210(d)(1), 2210(d)(2), 3010 Conduct Rules of NASD; Rules 342, 401, 472, 476(a)(6) NYSE

Resolutions

First Resolution Date 28-Apr-2003
Headline Total Penalty and Disgorgement $110,000,000

Related Documents:

comp18113 28-Apr-2003 Complaint
Complaint
According to the SEC: "Goldman Sachs sought and did investment banking business with many companies covered by its Research Division. Research analysts were encouraged to participate in investment banking activities, and that was a factor considered in the analysts' compensation. In addition, the decision to initiate and maintain research coverage of certain companies was in some cases coordinated with the investment banking department and influenced by investment banking interests."
LR-18113 28-Apr-2003 Litigation Release
SEC Sues Goldman Sachs For Research Analyst Conflicts Of Interest Firm To Settle With SEC, NASD, NYSE, NY Attorney General, And State Regulators
According to the SEC: "The Securities and Exchange Commission announced today that it has settled charges against Goldman, Sachs & Co., a New York-based investment bank and securities firm, arising from an investigation of research analyst conflicts of interest. This settlement, and settlements with nine other brokerage firms, are part of the global settlement the firms have reached with the Commission, NASD, Inc., the New York Stock Exchange, Inc. ("NYSE"), the New York Attorney General, and other state regulators. "
judg18113 28-Apr-2003 Court Docket Document
Final Judgment as to Defendant Goldman, Sachs & Co.
LR-21457 19-Mar-2010 Litigation Release
Court Approves Modifications to Global Research Analyst Settlement
On March 19, 2010, the SEC published a litigation release announcing that the Honorable William H. Pauley issued an order approving modifications to the final judgments entered against Goldman, Sachs & Co. and the other firms covered by the Global Research Analyst Settlement.