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More Lawsuits To Follow?

We’re hearing that more suits may follow in the wake of the Goldman lawsuit. What must you know?

We spoke with Jacob Zamansky of Zamansky & Associates who says the fraud charges are a gam changer and he plans to sue.

”Goldman told their investors this was a great fund to invest in when they knew that Paulson was going short and there were problems. It’s a conflict of interest. There has been a lot suspicion that they’ve been doing things like this for years and this case will prove it.”

Want to hear more? Watch the video for our entire interview with Jacob Zamansky.




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Trader disclosure: On April 16, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm Owns (JPM); Finerman's Firm And Finerman Own (WFC) Preferred; Kelly Owns (FRE); Kelly Owns (FXE) Puts; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Terranova Owns (SWN), (XCO); Terranova Owns (FXY) May Calls; Terranova Owns (C) May Calls; Terranova Is Short (BRE); Terranova Is Long (SONC) May Calls

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