NYSE: GS Investor Notice: Update in Lawsuit against The Goldman Sachs Group, Inc. announced by Shareholders Foundation

SAN DIEGO, March 15, 2021 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of The Goldman Sachs Group, Inc. (NYSE: GS).

Investors, who purchased shares of The Goldman Sachs Group, Inc. (NYSE: GS) and continue to hold NYSE: GS shares long-term, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On December 20, 2018, a lawsuit was filed against The Goldman Sachs Group, Inc. (NYSE: GS over alleged Securities Laws violations. The plaintiff alleged that the Defendants made false and/or misleading statements and/or failed to disclose that Goldman Sachs participated in a fraud and money-laundering scheme in collusion with Malaysia Development Bhd. (“1MDB”), a Malaysian state-owned investment fund set up in 2009, that the foregoing conduct, when revealed, would foreseeably subject Goldman Sachs to heightened regulatory investigation and enforcement, and that as a result, Goldman Sachs’s public statements were materially false and misleading at all relevant times.

On March 11, 2019, an amended complaint was filed and on October 28, 2019, a second amended complaint was filed. On January 9, 2020, the defendants filed their motion to dismiss the second amended complaint.

Those who purchased The Goldman Sachs Group, Inc. (NYSE: GS) and continue to hold NYSE: GS shares long-term should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
mail@shareholdersfoundation.com 
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.