NEW YORK, January 28, 2023 /PRNewswire/ — 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 have incurred losses exceeding $50,000 invest in Goldman Sachs stocks or options and want to discuss your legal rights, call partner Faruqi & Faruqi Josh Wilson directly at 877-247-4292 or 212-983-9330 (ext. 1310). You can also click here for more information: www.faruqilaw.com/GS.
There is no cost or obligation for you.
Faruqi & Faruqi is a leading national minority and women-owned securities law firm, with offices in New York, Pennsylvania, California and Georgia.
At January 20, 2023, during trading hours, the Wall Street Journal published an article titled “US Fed probes Goldman Sachs Consumer Business”. The article stated that “the US Federal Reserve is investigating whether Goldman Sachs Group Inc’s consumer business had appropriate safeguards in place as the bank increased lending.” In addition, the article stated that “the central bank is concerned that the Wall Street giant will not have appropriate monitoring and control systems inside Marcus, its consumer unit, as it grows” . The article added that “the investigation, which grew out of a standard review of the company by the Fed in 2021 and escalated into an investigation last year, also examines cases of customer harm and s ‘they have been successfully resolved’.
At this news, the price of Goldman Sachs fell $8.91i.e. 2.54%, to close at $341.84 to January 20, 2023.
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