Bayou Group Hedge Fund Investors Awarded $20.6 Million In FINRA Arbitration Against Prime Broker Goldman Sachs.
A FINRA securities arbitration panel has reportedly awarded $20.6 million to a group of Bayou Hedge Fund Investors in a securities arbitration lawsuit brought against Goldman Sachs alleging that Goldman Sachs should have known Bayou Group founder Samuel Israel III was running a Ponzi scheme because Goldman Sachs, as the prime brokerage service, could see that Bayou’s actual performance indicating massive losses was inconsistent with its offering documents that showed massive gains, according to a Goldman Sachs securities arbitration news report.
If You Lost Money In Any Investment, Retirement or Brokerage Account and Believe Goldman Sachs May Be To Blame For Your Losses, Contact A Securities Arbitration and Investment Fraud Lawyer.
Fill Out The Form On The Right For A Free Attorney Review.
-Report Brokerage Account Losses-
If You Have Thoughts About The Goldman Sachs Securities Arbitration Award, Share Your Goldman Sachs Securities Arbitration Comments Below.
