Goldman-linked firm settles SEC Charges

    

(Reuters) - A company affiliated with Goldman Sachs agreed to pay $640,000 to settle U.S. Securities and Exchange Commission charges that it failed to resume making public disclosures to investors after going "dark" for six years.

Wednesday's settlement resolves charges against W2007 Grace Acquisition I Inc, a real estate firm created out of Equity Inns Inc, a hotel chain that Goldman's Whitehall private equity funds bought in 2007 for about $2.2 billion, including assumed debt.

More here: http://www.reuters.com/article/2015/04/22/us-sec-goldman-settlement-idUSKBN0ND23020150422

Comments