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ABXL
Abacus Global Management, Inc.
SEC v. Goldman, Sachs & Co., 10 civ 3229, was a case in the United States District Court for the Southern District of New York, brought by the U.S. Use the sections below to move between chart, technical analysis, fundamentals, and news.
1y Change
$1.80 (+7.58%)
Market Cap
Not available
Sector
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Industry
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Recommendation
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52W Range
$20.52 to $26.35
Target Mean Price
Not available
Beta
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Trailing P/E
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Forward P/E
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Price / Book
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Company Overview
SEC v. Goldman, Sachs & Co., 10 civ 3229, was a case in the United States District Court for the Southern District of New York, brought by the U.S. Securities and Exchange Commission (SEC) against Goldman, Sachs & Co. (GS&Co.) and Fabrice Tourre, a GS&Co. employee, relating to the synthetic collateralized debt obligation (CDO), ABACUS 2007-AC1 (“ABACUS”), for securities fraud. To settle these SEC charges, GS&Co agreed to pay a civil penalty of $550 million and acknowledged that its marketing materials for ABACUS contained incomplete information. The court approved the settlement.