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Stephen Plotnick Quoted by New York Times on Goldman Disclosure

Litigation partner Stephen M. Plotnick was quoted in the August 11  New York Times article “U.S. Goldman Disclosure a Rare Break in Secrecy.”  The article focuses on the Justice Department’s rare public announcement that the Goldman investigation was closed. “The likelihood of the Justice Department indicting a ‘too big to fail bank’ like Goldman Sachs was always slim-to-none,” said Stephen M. Plotnick, a securities lawyer at Carter Ledyard & Milburn. “And a major hurdle in a criminal prosecution of Goldman’s executives was proving that they intended to defraud their clients.”
 

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