In its lawsuit filed in January 2012, ABP alleged that Goldman Sachs provided false and misleading information about securities it purchased from the investment.
The lawsuit further alleged that the securities carried a higher risk and lower underlying value than what Goldman Sachs had said.
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According to the Dow Jones Newswires report, ABP has now ended all legal proceedings over its purchase of residential mortgage-backed securities from Goldman Sachs.
However, ABP declined to provide any details of the settlement.
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By GlobalData
