Love notes, a French song parody and a winking emoticon were used by a government lawyer trying to show that Fabrice Tourre, the former Goldman Sachs Group Inc. vice president facing civil fraud claims over a failed $1 billion investment, lied to participants in the deal.
Ex-Goldman Sachs Group Inc. vice president Fabrice Tourre, found liable for his part in a failed $1 billion investment, was ordered to pay more than $825,000 in the U.S. Securities and Exchange Commission case.
Former Goldman Sachs Group Inc. trader Fabrice Tourre lost a bid for a ruling that he wasn’t liable under U.S securities laws for foreign transactions while the U.S. Securities and Exchange Commission won a ruling that Tourre violated a provision of U.S. securities law.
Goldman Sachs Group Inc. executive director Fabrice Tourre, who called himself “fabulous Fab,” has done volunteer work in Rwanda and started a U.S. doctorate program while awaiting trial in a government fraud suit his bank settled for $550 million.
Former Goldman Sachs Group Inc. executive Fabrice Tourre denied he misled ACA Management LLC into backing a mortgage bond deal that later made Paulson & Co. $1 billion as part of a massive bet against the housing market.
Former Goldman Sachs Group Inc. executive Fabrice Tourre asked a judge to block the U.S. Securities and Exchange Commission from arguing at his fraud trial set for July that he contributed to the financial crisis.
The U.S. Securities and Exchange Commission rested its case against Fabrice Tourre, the former Goldman Sachs Group Inc. vice president accused of civil fraud for his role in a failed $1 billion investment related to the housing market crash.
Former SAC Capital Advisors LP fund manager Mathew Martoma is seeking a lenient prison term for his insider-trading conviction, saying the narrow scope of his unlawful trades warrants a lighter penalty when he is sentenced next month.