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SEC Can't Revive Fraud Claim Against Goldman's Tourre

By Brian Mahoney ( November 19, 2012, 9:25 PM EST) -- The U.S. Securities and Exchange Commission lost its bid Monday to reinstate Securities Exchange Act misrepresentation claims against Goldman Sachs Group Inc. executive Fabrice Tourre, the lone defendant in the regulator's suit over the Abacus collateralized debt obligation that was allegedly designed to fail....

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