LOS ANGELES, Feb. 15, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against The Goldman Sachs Group, Inc. (“Goldman Sachs” or “the Company”) (NYSE: GS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between February 28, 2014 and December 17, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before February 19, 2019.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Goldman Sachs conspired with 1Malaysia Development Bhd., an investment fund owned by the government of Malaysia, to commit money laundering and fraud. These schemes would expose Goldman Sachs to legal and regulatory scrutiny, a fact the company could have reasonably foreseen. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Goldman Sachs, investors suffered damages.
Join the case to recover your losses.
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