Goldman Hit With Galleon Subpoena, Shareholder Suits

May 4 2010 | 4:21am ET

Legal troubles continue to mount for Goldman Sachs in two hedge fund-related cases. The Wall Street giant yesterday revealed that it has been subpoenaed in the Galleon Group insider-trading case, and that it had been hit with six investor lawsuits since the Securities and Exchange Commission accused it of defrauding investors in a collateralized debt obligation it structured for Paulson & Co.


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