29 Nov '13, 10pm

Goldman Sachs Sued In Singapore Penny Stock Saga

Goldman Sachs Sued In Singapore Penny Stock Saga

REUTERS / Brendan Mcdermid See Also Dutch Health Ministry Sound Alarm About Possible Risks Of E-Cigarettes Vietnam To Fine Citizens $5000 For Criticizing The State On Social Media London Banks Are Responding To Bonus Caps With Higher Salaries SINGAPORE (Reuters) - A shareholder who suffered losses in a penny stock trading debacle in Singapore is suing Goldman Sachs, accusing the investment bank of arbitrarily selling her holdings and saying the sales contributed to a crash in their prices. Last month, Blumont Group Ltd, Asiasons Capital Ltd and LionGold Corp Ltd - three firms interlinked by cross shareholdings and common officers - lost a combined market value of about S$8 billion ($6.4 billion) in just three days of trading. The court case may shed light on the causes of the crash. Both the crash and huge run-ups in their share prices earlier in the year left many in the ...

Full article: http://www.businessinsider.com/goldman-sachs-sued-in-sing...

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Goldman Sachs sued in Singapore penny stock saga

reuters.com 29 Nov '13, 5pm

SINGAPORE (Reuters) - A shareholder who suffered losses in a penny stock trading debacle in Singapore is suing Goldman Sac...

@GoldmanSachs sued in #Singapore penny stock sa...

reuters.com 29 Nov '13, 5pm

SINGAPORE (Reuters) - A shareholder who suffered losses in a penny stock trading debacle in Singapore is suing Goldman Sac...

Goldman Sachs sued in Singapore penny stock saga

reuters.com 29 Nov '13, 8pm

SINGAPORE (Reuters) - A shareholder who suffered losses in a penny stock trading debacle in Singapore is suing Goldman Sac...

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