Annuities are insurance contracts that make routine payments to customers either immediately or at some point in the future. This insurance contract allows investors to protect and grow their retirement savings while providing them with guaranteed income. Some brokers and financial advisors recommend selling or exchanging annuities for “better” investment…
Below is a Bloomberg article about our firm’s $20.6 million FINRA arbitration award against Goldman Sachs related to Bayou. It’s the largest arbitration award ever rendered against Goldman. The award was confirmed by Judge Rakoff and Goldman filed it’s brief to the Second Circuit. Goldman Sachs Asks Court to Throw…
Below is a WSJ article about our firm’s $20.6 million FINRA arbitration award against Goldman Sachs related to the Bayou hedge fund fraud. It is the largest arbitration award ever rendered against Goldman. The award was confirmed by Judge Rakoff of the SDNY in November 2010 and Goldman filed it’s…
Below is a New York Times piece about the Firm’s $20.6 million arbitration award against Goldman Sachs being upheld by Judge Rakoff in a sternly written opinion. DealBook – A Financial News Service of The New York Times November 30, 2010, 6:16 pm Goldman’s $20 Million Consequence By SUSANNE CRAIG…
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 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…