Below is a piece by the American Lawyer. Top Story of the day. TOP STORY November 9, 2010 The Am Law Litigation Daily – Did Goldman Make Bad Gamble With Arbitration Award? Arbitration / Commercial Judge Rakoff Confirms $20.6 Million Arbitration Award Against Goldman Sachs Goldman Sachs isn’t known for…
Here is a piece from Reuters on the Firm’s recent win against Goldman Sachs. Goldman loses bid to toss record Bayou award 3:46am EST By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Monday rejected Goldman Sachs Group Inc’s bid to throw out a record $20.6 million (12.8…
Below is a piece from the NY Times’ DealBook about Judge Rakoff confirming the $20.6 million arbitration award against Goldman Sachs, the largest arbitration award ever rendered against the firm. DealBook – A Financial News Service of The New York Times November 8, 2010, 11:29 am Judge Upholds Award Against…
Below is a piece from the front page of the October 23, 2010 business section of the New York Times regarding the firm’s $20.6 million arbitration award against Goldman Sachs, the largest customer arbitration ever rendered against Goldman. DealBook – A Financial News Service of The New York Times October…
Below is a profile of Ross Intelisano from the Spring 2010 edition of the Brooklyn Law School Magazine BLSLaw Notes. BLSLawNotes The Magazine of Brooklyn Law School | Spring 2010 Alumni Update Ross Intelisano ’94: Fighting Fraud from Bear Stearns to Bernie Madoff and Beyond In 2006, Ross Intelisano made…
Below is a New York Times Piece about Bayou v. Goldman Sachs Goldman Must Pay Some Bayou Losses By LOUISE STORY and GRETCHEN MORGENSON Goldman Sachs has been ordered to pay $20.58 million to creditors of a failed hedge fund to settle claims that the bank helped the fund perpetrate…
Below is the Wall Street Journal piece regarding Bayou v. Goldman Sachs. JUNE 26, 2010 Goldman Told to Pay Bayou Fund Creditors By SUSANNE CRAIG Goldman Sachs Group Inc. was ordered to pay $20.6 million, the largest arbitration award levied against the securities firm, to unsecured creditors of Bayou Group…
Rich & Intelisano, LLP won a $20.5 million arbitration award against Goldman Sachs related to the Bayou hedge fund Ponzi scheme. The award is 100% of the compensatory damages requested. It is the largest arbitration award ever rendered against Goldman and the sixth largest customer arbitration award against any Wall…
The investment world is buzzing about the SEC’s fraud allegations against Goldman Sachs for misrepresenting and omitting to disclose Paulson’s role in choosing RMBS securities for the ABACUS CDO and then shorting the same individual RMBS through CDS transactions with Goldman. According to the SEC, “investors in the liabilities of…
Below is an article from Reuters this week regarding our client’s $3.4 million arbitration victory against Bear Stearns related to the Bear Stearns High Grade Fund. There are many investors who, for one reason or another, had decided not to file arbitrations against Bear Stearns. Investors should be aware that…