ACCESSWIRE
21 Jan 2023, 09:55 GMT+10
NEW YORK, NY / ACCESSWIRE / January 20, 2023 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against The Goldman Sachs Group, Inc. ('Goldman Sachs' or the 'Company') (NYSE:GS).
If you suffered losses exceeding $50,000 investing in Goldman Sachs stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/GS.
There is no cost or obligation to you.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
On January 20, 2023, during trading hours, The Wall Street Journal published an article entitled 'U.S. Fed probes Goldman Sachs consumer business.' The article stated that 'The U.S. Federal Reserve is probing whether Goldman Sachs Group Inc's consumer business had appropriate safeguards in place as the bank ramped up lending.' Further, the article stated that 'The central bank is concerned the Wall Street giant did not have proper monitoring and control systems inside Marcus, its consumer unit, as it grew larger.' The article added that 'The probe, which grew out of a standard Fed review of the business in 2021 and intensified into an investigation last year, is also examining instances of customer harm and whether they were properly resolved.'
On this news, Goldman Sachs's price fell $8.91, or 2.54%, to close at $341.84 on January 20, 2023.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
SOURCE: Faruqi & Faruqi, LLP
Get a daily dose of Salt Lake City Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Salt Lake City Sun.
More InformationNEW YORK, New York - U.S. stocks closed sharply lower Monday as investors fretted over which way the Federal Reserve ...
Ahmedabad (Gujarat) [India], January 30 (ANI/Big News Network): The Adani group, in a sharp and focused response to Hindenburg Research's ...
SEOUL, South Korea: South Korean officials have said that the government will double energy vouchers and provide discounts on gas ...
WASHINGTON D.C.: The Wall Street Journal has reported that e-cigarette maker Juul and three tobacco giants are negotiating potential sale, ...
AUSTIN, Texas: Tesla gas announced an investment of more than $3.6 billion to expand its Nevada Gigafactory complex with the ...
WASHINGTON D.C.: US Senate Energy and Natural Resources Committee chair Joe Manchin has introduced legislation that imposes battery sourcing requirements ...
Washington [US], January 31 (ANI): United States President Joe Biden's administration on Monday announced plans to end the twin national ...
Despite being without Donovan Mitchell for the better half of the last two weeks, the Cleveland Cavaliers have managed to ...
Georgia offensive coordinator Todd Monken will interview for the Tampa Bay Buccaneers' open offensive coordinator position on Tuesday, NFL Network ...
By Reena BhardwajWashington [US], January 31 (ANI): National Security Advisor Ajit Doval on Tuesday participated in a Track 1.5 event ...
Islamabad [Pakistan], January 31 (ANI): A team from the International Monetary Fund arrived in Islamabad to discuss the ninth review ...
Washington [US], January 31 (ANI): Priyanka Chopra has finally revealed her daughter Malti Marie's face!The actor recently attended an event ...