Goldman Sachs sued over alleged fraud in fund sales
SEOUL - YONHAP
Heungkuk Life Insurance Co. and Heungkuk Fire & Marine Insurance Co. filed a complaint against Goldman Sachs Group Inc. with a local prosecutors' office over alleged fraud in fund sales, prosecutors said Tuesday.According to the Seoul Central District Prosecutors' Office, the two insurers accused the U.S. investment banking giant of failing to inform them of the risks of investing in its financial product.
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Moscow - TASS
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