Goldman Preparing to File a Full-Blown Defense Against SEC’s Fraud Allegations
May 27, 2010 at 01:55 AM EDT
CNBC.com has learned that, contrary to persistent market rumors about Goldman Sachs (GS), a settlement with the SEC is not imminent. Instead, the company is preparing to file a full-blown, point-by-point defense against the fraud allegations filed by the Securities and Exchange Commission.