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SEC fails to revive fraud claim vs. Goldman's Tourre

Reuters: Financials

Mon, 19 Nov 2012

NEW YORK, Nov 19 (Reuters) - The U.S. Securities and Exchange Commission cannot revive a securities fraud claim against Goldman Sachs Group Inc bond trader Fabrice Tourre over the sale of complex securities linked to subprime mortgages, a federal judge ruled on Monday.

Read the rest of this article on Reuters: Financials

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