{"id":2545,"date":"2016-08-19T03:22:17","date_gmt":"2016-08-19T03:22:17","guid":{"rendered":"http:\/\/arabicfxadvisors.com\/english\/?p=2545"},"modified":"2016-12-02T03:34:35","modified_gmt":"2016-12-02T03:34:35","slug":"goldmansachs19082016","status":"publish","type":"post","link":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/","title":{"rendered":"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016"},"content":{"rendered":"

Goldman Sachs Group Inc (GS.N<\/span>) filed a lawsuit on Thursday seeking to force a former managing director to arbitrate his claim for legal fees stemming from probes into his alleged use of confidential Federal Reserve documents.<\/p>\n

The lawsuit was filed in New York state Supreme Court in Manhattan against Joseph Jiampietro, an ex-Goldman employee whom the Federal Reserve Board this month brought an enforcement case against.<\/p>\n

Goldman’s lawsuit came after Jiampietro in July sued the bank in Delaware Chancery Court seeking to force it to cover at least $350,000 in legal expenses stemming from probes by the Federal Reserve and the Financial Industry Regulatory Authority in 2015.<\/p>\n

Adam Ford, a lawyer for Jiampietro, in a statement called Thursday’s lawsuit “a classic example of inappropriate forum shopping” by Goldman Sachs to delay advancing his client’s defense fees.<\/p>\n

The Fed brought enforcement proceedings against Jiampietro on Aug. 3, the same day it announced a $36.3 million settlement with Goldman Sachs for the unauthorized use and disclosure of confidential information.<\/p>\n

The Fed alleged that Jiampietro in 2014 on multiple occasions asked Rohit Bansal, a Goldman associate who previously worked at the Federal Reserve Bank of New York, to obtain confidential information from a New York Fed employee.<\/p>\n

The information was then used by Jiampietro and Bansal in connection with Goldman Sachs’ regulatory advisory work for current clients and pitches to potential clients, the Fed said.<\/p>\n

The Fed is seeking to fine Jiampietro and bar him from the banking industry. Jiampietro denies wrongdoing.<\/p>\n

Bansal and the former New York Fed employee, Jason Gross, both pleaded guilty in November to a misdemeanor charge of theft of government property, and were sentenced to probation in March.<\/p>\n

The criminal case came after an earlier related $50 million settlement by Goldman Sachs in October with the New York Department of Financial Services.<\/span><\/p>\n

Source: www.reuters.com<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Goldman Sachs Group Inc (GS.N) filed a lawsuit on Thursday seeking to force a former…<\/p>\n","protected":false},"author":2,"featured_media":2546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[373],"tags":[],"class_list":["post-2545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"jetpack_publicize_connections":[],"yoast_head":"\nGoldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016 -\" \/>\n<meta property=\"og:description\" content=\"Goldman Sachs Group Inc (GS.N) filed a lawsuit on Thursday seeking to force a former...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-19T03:22:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-12-02T03:34:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fx Advisor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fx Advisor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/\"},\"author\":{\"name\":\"Fx Advisor\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/86a15b1444dc3cf22d3943734b86607d\"},\"headline\":\"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016\",\"datePublished\":\"2016-08-19T03:22:17+00:00\",\"dateModified\":\"2016-12-02T03:34:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg\",\"articleSection\":[\"Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/\",\"url\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/\",\"name\":\"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016 -\",\"isPartOf\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg\",\"datePublished\":\"2016-08-19T03:22:17+00:00\",\"dateModified\":\"2016-12-02T03:34:35+00:00\",\"author\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/86a15b1444dc3cf22d3943734b86607d\"},\"breadcrumb\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage\",\"url\":\"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg\",\"contentUrl\":\"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg\",\"width\":960,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/arabicfxadvisors.com\/english\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/#website\",\"url\":\"https:\/\/arabicfxadvisors.com\/english\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/arabicfxadvisors.com\/english\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/86a15b1444dc3cf22d3943734b86607d\",\"name\":\"Fx Advisor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b4efcd9ff1cafb4047f0f14b049e4ff7a8338dff61ac3f2c984897e7e04eece1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b4efcd9ff1cafb4047f0f14b049e4ff7a8338dff61ac3f2c984897e7e04eece1?s=96&d=mm&r=g\",\"caption\":\"Fx Advisor\"},\"url\":\"https:\/\/arabicfxadvisors.com\/english\/author\/fx-advisor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016 -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/","og_locale":"en_US","og_type":"article","og_title":"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016 -","og_description":"Goldman Sachs Group Inc (GS.N) filed a lawsuit on Thursday seeking to force a former...","og_url":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/","article_published_time":"2016-08-19T03:22:17+00:00","article_modified_time":"2016-12-02T03:34:35+00:00","og_image":[{"width":960,"height":667,"url":"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg","type":"image\/jpeg"}],"author":"Fx Advisor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Fx Advisor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#article","isPartOf":{"@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/"},"author":{"name":"Fx Advisor","@id":"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/86a15b1444dc3cf22d3943734b86607d"},"headline":"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016","datePublished":"2016-08-19T03:22:17+00:00","dateModified":"2016-12-02T03:34:35+00:00","mainEntityOfPage":{"@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/"},"wordCount":316,"commentCount":0,"image":{"@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage"},"thumbnailUrl":"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg","articleSection":["Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/","url":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/","name":"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016 -","isPartOf":{"@id":"https:\/\/arabicfxadvisors.com\/english\/#website"},"primaryImageOfPage":{"@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage"},"image":{"@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage"},"thumbnailUrl":"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg","datePublished":"2016-08-19T03:22:17+00:00","dateModified":"2016-12-02T03:34:35+00:00","author":{"@id":"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/86a15b1444dc3cf22d3943734b86607d"},"breadcrumb":{"@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#primaryimage","url":"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg","contentUrl":"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg","width":960,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/arabicfxadvisors.com\/english\/goldmansachs19082016\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/arabicfxadvisors.com\/english\/"},{"@type":"ListItem","position":2,"name":"Goldman seeks to force ex-employee in Fed leak case to arbitrate- 19 Aug, 2016"}]},{"@type":"WebSite","@id":"https:\/\/arabicfxadvisors.com\/english\/#website","url":"https:\/\/arabicfxadvisors.com\/english\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/arabicfxadvisors.com\/english\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/86a15b1444dc3cf22d3943734b86607d","name":"Fx Advisor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b4efcd9ff1cafb4047f0f14b049e4ff7a8338dff61ac3f2c984897e7e04eece1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b4efcd9ff1cafb4047f0f14b049e4ff7a8338dff61ac3f2c984897e7e04eece1?s=96&d=mm&r=g","caption":"Fx Advisor"},"url":"https:\/\/arabicfxadvisors.com\/english\/author\/fx-advisor\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/12\/Gsachs11.jpg","jetpack_shortlink":"https:\/\/wp.me\/p6YwmS-F3","_links":{"self":[{"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/posts\/2545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/comments?post=2545"}],"version-history":[{"count":1,"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/posts\/2545\/revisions"}],"predecessor-version":[{"id":2548,"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/posts\/2545\/revisions\/2548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/media\/2546"}],"wp:attachment":[{"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/media?parent=2545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/categories?post=2545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arabicfxadvisors.com\/english\/wp-json\/wp\/v2\/tags?post=2545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}