Last week, the federal judge in Manhattan ordered The Goldman Sachs Group Inc. (NYSE:GS) to deal with a securities class-action lawsuit. The lawsuit accused Goldman of misleading investors relating to mortgage-backed securities worth $698 million.
Investors, led by the Public Employees’ Retirement System of Mississippi, filed a lawsuit against Goldman in federal court in Manhattan over GSAMP Trust 2006-S2 securities. The securities, which were offered to the investors, were backed by second-lien … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards