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Legal News

: The AM Law Daily

Goldman, SEC Reach Record $550 Million Settlement

By Brian Baxter

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Three months after the SEC first filed securities fraud charges against Goldman Sachs, the financial services giant has reached an agreement with the regulator to pay $300 million in fines and another $250 million in restitution. The settlement amount represents the largest penalty ever paid by a Wall Street firm.

Full post as published by The AM Law Daily on July 15, 2010 (boomark / email).

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