Goldman Sachs (GS) fails to win dismissal of a shareholder lawsuit claiming damages from...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs (GS) fails to win dismissal of a shareholder lawsuit claiming damages from conflicts of interest related to CDO transactions. Goldman's shares dove 13% shortly after the firm was charged with fraud by the SEC in 2010 (since settled for $550M).