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Video: Ex-Goldman VP Tourre Seeks To Toss Fraud Verdict In SEC Case

By Clip Syndicate
NEW YORK (Reuters) - A former Goldman Sachs Group Inc vice president who was found liable for securities fraud over a failed mortgage transaction has asked a federal judge to throw out the U.S. Securities and Exchange Commission's case against him or else set a new trial. Fabrice Tourre said his jury erred in finding him liable on six of the seven civil charges he faced, saying the evidence did not support the verdict or was never presented to his jury. Letting the verdict stand "would work a manifest injustice to Mr. Tourre," his lawyers wrote in a Monday night filing in the U.S. ...

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