{"id":688538,"date":"2022-09-23T16:21:00","date_gmt":"2022-09-23T20:21:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\/"},"modified":"2022-09-23T16:21:00","modified_gmt":"2022-09-23T20:21:00","slug":"goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\/","title":{"rendered":"Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Goldman Sachs Group, Inc. (NYSE: GS) today announced that on September 16, 2022, the U.S. District Court for the Southern District of New York preliminarily approved a settlement agreement resolving a shareholder derivative lawsuit involving the firm. In accordance with the Court\u2019s order preliminarily approving the settlement, Goldman Sachs is making disclosure of the settlement to its shareholders in the Notice of Settlement of Shareholder Derivative Litigation and Hearing (Notice) attached hereto. The Notice, along with a copy of the full settlement agreement, can also be found on the investor relations section of the firm\u2019s website at the following web addresses: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.goldmansachs.com%2Finvestor-relations%2Fdocs%2FFultonCountyEmployeesRetirementSystem-NoticeofSettlement.pdf&amp;esheet=52924475&amp;newsitemid=20220923005455&amp;lan=en-US&amp;anchor=www.goldmansachs.com%2Finvestor-relations%2Fdocs%2FFultonCountyEmployeesRetirementSystem-NoticeofSettlement.pdf&amp;index=1&amp;md5=7b4b30bb017edd80db88101f1eca318e\">www.goldmansachs.com\/investor-relations\/docs\/FultonCountyEmployeesRetirementSystem-NoticeofSettlement.pdf<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.goldmansachs.com%2Finvestor-relations%2Fdocs%2FFultonCountyEmployeesRetirementSystem-StipulationandAgreement.pdf&amp;esheet=52924475&amp;newsitemid=20220923005455&amp;lan=en-US&amp;anchor=www.goldmansachs.com%2Finvestor-relations%2Fdocs%2FFultonCountyEmployeesRetirementSystem-StipulationandAgreement.pdf&amp;index=2&amp;md5=6608e989cc236608f818d4cf01b2e5f6\">www.goldmansachs.com\/investor-relations\/docs\/FultonCountyEmployeesRetirementSystem-StipulationandAgreement.pdf<\/a>.\n<\/p>\n<p>\nThe Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220923005455r2&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220923005455\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220923005455\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact:<br \/>\n<br \/>Andrea Williams<br \/>\n<br \/>Tel: +1 212 902 5400<\/p>\n<p>Investor Contact:<br \/>\n<br \/>Carey Halio<br \/>\n<br \/>Tel: +1 212 902 0300\n<\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Social Media Professional Services University Construction &amp; Property Environment Education Public Relations\/Investor Relations Insurance Communications REIT Finance Consulting<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB NEW YORK&#8211;(BUSINESS WIRE)&#8211; The Goldman Sachs Group, Inc. (NYSE: GS) today announced that on September 16, 2022, the U.S. District Court for the Southern District of New York preliminarily approved a settlement agreement resolving a shareholder derivative lawsuit involving the firm. In accordance with the Court\u2019s order preliminarily approving the settlement, Goldman Sachs is making disclosure of the settlement to its shareholders in the Notice of Settlement of Shareholder Derivative Litigation and Hearing (Notice) attached hereto. The Notice, along with a copy of the full settlement agreement, can also be found on the investor relations section of the firm\u2019s website at the following web addresses: www.goldmansachs.com\/investor-relations\/docs\/FultonCountyEmployeesRetirementSystem-NoticeofSettlement.pdf and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688538","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB NEW YORK&#8211;(BUSINESS WIRE)&#8211; The Goldman Sachs Group, Inc. (NYSE: GS) today announced that on September 16, 2022, the U.S. District Court for the Southern District of New York preliminarily approved a settlement agreement resolving a shareholder derivative lawsuit involving the firm. In accordance with the Court\u2019s order preliminarily approving the settlement, Goldman Sachs is making disclosure of the settlement to its shareholders in the Notice of Settlement of Shareholder Derivative Litigation and Hearing (Notice) attached hereto. The Notice, along with a copy of the full settlement agreement, can also be found on the investor relations section of the firm\u2019s website at the following web addresses: www.goldmansachs.com\/investor-relations\/docs\/FultonCountyEmployeesRetirementSystem-NoticeofSettlement.pdf and &hellip; Continue reading &quot;Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-23T20:21:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220923005455r2&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB\",\"datePublished\":\"2022-09-23T20:21:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\\\/\"},\"wordCount\":265,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20220923005455r2&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/goldman-sachs-announces-preliminary-court-approval-of-shareholder-derivative-settlement-relating-to-1mdb\\\/\",\"name\":\"Goldman Sachs Announces Preliminary Court Approval of Shareholder Derivative Settlement Relating to 1MDB - 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