Goldman Sachs Chief Legal Officer Kathryn Ruemmler Secures $22.5 Million Pay Package in 2024

NEW YORK — Goldman Sachs Group Inc.’s Chief Legal Officer, Kathryn Ruemmler, one of the top executives in the banking sector, reportedly received a compensation package totaling $22.5 million in 2024. This marked a substantial financial acknowledgment of her role within the firm, according to details revealed in a recent securities filing. Ruemmler, who stepped into the role of chief legal officer at Goldman in 2021, previously worked as a partner at the prestigious law firm Latham & Watkins and served as White House counsel during the Obama administration. She initially joined the New York-based … Read more

Goldman Sachs Battles in Court to Seal Names in 1MDB Class Action Lawsuit, Citing Privacy Concerns for Unimplicated Employees and Entities

NEW YORK — In a significant legal development emerging from the infamous 1Malaysia Development Berhad (1MDB) scandal, Goldman Sachs finds itself embroiled in a securities fraud litigation initiated by investors in 2018. The case, presided over by Magistrate Judge Katharine Parker in the Southern District of New York, recently addressed the contentious issue of sealing certain documents related to a motion for class certification pursued by the plaintiffs. The plaintiffs argued that transparency is paramount, citing a legal precedent that underscores the principle of public access to judicial documents. However, Goldman Sachs contended that disclosing … Read more

O.J. Simpson’s Assets Head to Court: Goldman and Brown Families Possibly Claim First in Line

LAS VEGAS, NV – In a potential court battle over O.J. Simpson’s assets, the Goldman and Brown families could be the first in line to claim their share. The families of Ron Goldman and Nicole Brown Simpson, who were both murdered in 1994, have been pursuing payment from Simpson for years, ever since he was found liable for their deaths in civil court. Simpson, who was famously acquitted in a criminal trial, was ordered to pay $33.5 million in damages to the families. Now, with Simpson potentially facing financial difficulties, the families are hopeful that … Read more