Southern Pennsylvania v. Blankfein

Summary

In this finance fraud litigation oral argument, plaintiff Sothern Pennsylvania Transportation Authority’s counsel alleged Goldman Sachs Group Inc., its chief executive Lloyd Blankfein and other board members of overpaying its executives. The plaintiff’s counsel claimed that the management of the company was vastly overcompensated for its duties when compared to other competitors.

The plaintiff was represented by attorneys Pamela Tikellis, Tiffany Cramer and John Harnes. The defendant in this case, Goldman Sachs Group Inc and other defendants were represented by attorneys Gregory Varallo, Rudolph Koch, Benjamin Walker and David Rein.