The success of shareholder lawsuits is likely to depend on whether certain information should have been disclosed to all investors, and with more details.

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White Collar Watch: The Facebook I.P.O.’s Potential Legal Exposure

Facebook shares hovered around $32 Wednesday morning, its fourth day of trading, as several banks involved in the company’s initial public offering have come under scrutiny. Reuters reported Tuesday that the Massachusetts Secretary of the Commonwealth has issued a subpoena to Morgan Stanley, the lead underwriter for the social network’s market debut. The subpoena comes after it was reported that analysts working for Morgan Stanley — as well as analysts at JP Morgan and Goldman Sachs — had all cut their revenue estimates for Facebook after seeing the company’s revised S-1 filing on May 9. In that document, Facebook expressed concern about its ability to respond to consumers’ shift to mobile devices. Read full article > >

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Facebook IPO: Questions about disclosure swirl as stock stabilizes

Wall Street powerhouse Goldman Sachs “willfully violated” federal law by holding weekly “huddles” through which there was at least the potential for the firm’s analysts to offer Goldman’s own traders and favored clients a preview of the firm’s investment research, the Securities and Exchange Commission said Thursday. Read full article > >

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Goldman fined $22M for ‘willfully’ violating law on information-sharing, SEC says

Greg Smith, who resigned last week via an Op-Ed in The New York Times, was said to be shopping a proposal for a book that would be a coming-of-age story and a history of Goldman Sachs.

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Greg Smith, Ex-Goldman Executive, Is Said to Be Seeking Book Deal

Greg Smith doesn’t know the half of it. Smith, now the most famous former Goldman Sachs derivatives salesman on the planet, went off on his former employer in the opinion pages of the New York Times this past week — much to the amazement of nearly everyone — because he claimed that during his 12years at the firm, the ethics and morals of his co-workers deteriorated so dramatically that he just couldn’t take it anymore. Read full article > >

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Goldman Sachs’s long history of duping its clients

Goldman Sachs on Wednesday rebuffed claims made by a former company executive that the investment bank had morphed into a “toxic and destructive” environment where corporate greed trumped client interests. Read full article > >

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Goldman Sachs fights back against claims of ‘toxic’ environment

Goldman Sachs on Wednesday rebuffed claims made by a former company executive that the investment bank had morphed into a “toxic and destructive” environment where corporate greed trumped client interests. Read full article > >

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Goldman Sachs fights back against claims of ‘toxic’ environment

Goldman Sachs, which manages Mitt Romney’s family’s fortune, is also his largest source of campaign contributions.

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Close Ties to Goldman Enrich Romney’s Public and Private Lives

Republican presidential candidate Mitt Romney’s newly released tax return shows sprawling international financial interests , from Bain Capital entities based in Luxembourg to a Goldman Sachs fund in Dublin. It discusses a foreign currency transaction and details foreign tax credits. Read full article > >

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Romney’s Cayman Islands holdings complicate tax return debate

With firms like Goldman Sachs and Morgan Stanley reporting weak results, Wall Street’s moneymakers are doubting they will ever get back to their high-rolling ways.

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DealBook: New Normal on Wall Street: Smaller and Restrained

With firms like Goldman Sachs and Morgan Stanley reporting weak results, Wall Street’s moneymakers are doubting they will ever get back to their high-rolling ways.

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DealBook: New Normal on Wall Street: Smaller and Restrained

With firms like Goldman Sachs and Morgan Stanley reporting weak results, Wall Street’s moneymakers are doubting they will ever get back to their high-rolling ways.

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DealBook: New Normal on Wall Street: Smaller and Restrained

The Wall Street firm also sets aside less for compensation, reflecting a decline in its net revenue for 2011.

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DealBook: Goldman’s Profit Falls but Tops Estimates

Ratings agency Fitch downgrades six of the world’s largest banks, including Goldman Sachs and Barclays, citing the challenging financial markets.

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Fitch downgrades six global banks

T he Occupy Wall Street movement slogan “We are the 99 percent” is ironic to many of those who are serving, or have served, in Afghanistan or Iraq. Our servicemen and women are not the 1 percent of Americans whom OWS has taken to the streets to condemn. Rather, this 1 percent goes ignored by the self-proclaimed 99 percent in Zuccotti Park, as well as by those looking down on the protesters from their offices at Goldman Sachs or Citibank. And it is not lost on those fighting in Afghanistan that it was bank accounts, not an interest in or concern for those patrolling Kandahar, that motivated the protesters to take to the streets in cities across America. Read full article > >

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U.S. soldiers at war: The forgotten 1 percent