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Goldman Can't Shake Fraud Claims In $120M Abacus Suit

By Lana Birbrair ( April 24, 2012, 8:59 PM EDT) -- A New York state judge on Tuesday upheld fraud claims in ACA Financial Guaranty Corp.'s $120 million suit accusing Goldman Sachs Group Inc. of misrepresenting material facts about the position a hedge fund took on the so-called Abacus mortgage-backed transaction to the deal's insurer....

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