Seeger Weiss is presently investigating the sales practices and marketing of a synthetic CDO called ABACUS 2007-AC1 (“ABACUS 2007”) by Goldman Sachs (NYSE: GS). On April 16, 2010, the SEC brought a securities fraud action against Goldman Sachs for “making materially misleading statements and omissions in connection with [ABACUS 2007]”. Goldman Sachs structured and marketed ABACUS 2007 to investors.
Learn more about the ABACUS fund, a synthetic collateralised debt obligation (CDO) made of sub-prime mortgages.
Learn about the Securities and Exchange Commission suit against Goldman Sachs.
Learn about upcoming cases and past victories.
Protect your rights. If you have been injured, contact Seeger Weiss.
Retail and institutional investors who have sustained losses in Goldman Sachs’ ABACUS ABS CDO program should contact Seeger Weiss to explore their legal rights and options. Call us toll free at (888) 584-0411 or fill out our free case evaluation form. Attorney consultations incur no obligation on your part and all initial consultations are free of charge.