Officials at Goldman Sachs Settle the $79.5M Shareholder Claims Concerning 1MDB Scandal
Directors and officers at Goldman Sachs Group Inc. agreed to settle the $79.5 million claims by shareholders over the bank’s connection to the 1MDB looting scandal. The shareholders claimed that the bank’s poor oversight contributed to the loss of funds, citing it as a conscious error by the officials. The Manhattan federal court received a…