{"id":96104,"date":"2023-03-10T04:45:32","date_gmt":"2023-03-10T04:45:32","guid":{"rendered":"http:\/\/lebanonnewsgazette.com\/?guid=ed02da1aee7d2758eb862c5be3ed89d1"},"modified":"2023-03-10T04:45:32","modified_gmt":"2023-03-10T04:45:32","slug":"rosen-top-ranked-global-counsel-encourages-the-goldman-sachs-group-inc-investors-to-inquire-about-securities-class-action-investigation-gs","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/rosen-top-ranked-global-counsel-encourages-the-goldman-sachs-group-inc-investors-to-inquire-about-securities-class-action-investigation-gs\/","title":{"rendered":"ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages The Goldman Sachs Group, Inc. Investors to Inquire About Securities Class Action Investigation \u2013 GS"},"content":{"rendered":"

NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) —\u00a0WHY:\u00a0<\/strong>Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Goldman Sachs Group, Inc. (NYSE: GS) resulting from allegations that Goldman Sachs may have issued materially misleading business information to the investing public.<\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased Goldman Sachs securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.<\/p>\n

WHAT TO DO NEXT:\u00a0<\/strong>To join the prospective class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=11359<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0pkim@rosenlegal.com<\/a>\u00a0or\u00a0cases@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n

WHAT IS THIS ABOUT:<\/strong>\u00a0On January 20, 2023, during trading hours,\u00a0The<\/em>\u00a0Wall Street Journal<\/em>\u00a0published an article entitled \u201cU.S. Fed probes Goldman Sachs consumer business.\u201d The article stated that \u201cThe U.S. Federal Reserve is probing whether Goldman Sachs Group Inc’s consumer business had appropriate safeguards in place as the bank ramped up lending.\u201d Further, the article stated that \u201cThe central bank is concerned the Wall Street giant did not have proper monitoring and control systems inside Marcus, its consumer unit, as it grew larger.\u201d The article added that \u201cThe probe, which grew out of a standard Fed review of the business in 2021 and intensified into an investigation last year, is also examining instances of customer harm and whether they were properly resolved.\u201d<\/p>\n

On this news, Goldman Sachs\u2019s price fell $8.91, or 2.54%, to close at $341.84 on January 20, 2023.<\/p>\n

WHY ROSEN LAW:\u00a0<\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

Follow us for updates on LinkedIn:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\n
lrosen@rosenlegal.com<\/a>
\n
pkim@rosenlegal.com<\/a>
\n
cases@rosenlegal.com<\/a>
\n
www.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 8785652<\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) \u2014\u00a0WHY:\u00a0Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Goldman Sachs Group, Inc. (NYSE: GS) resulting from allegations that Goldman Sachs may have issued materially misleading business information to the investing public. SO WHAT:\u00a0If you purchased [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2584,17,53,343],"tags":[],"yoast_head":"\nROSEN, TOP RANKED GLOBAL COUNSEL, Encourages The Goldman Sachs Group, Inc. 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