Goldman Sachs Sued by Former Executive Over Fed Secrets Probe

July 29, 2016, 3:18 PM UTC

By Erik Larson, Bloomberg News

Goldman Sachs Group Inc. was sued by a former executive who claims the bank failed to pay at least $350,000 in legal fees he racked up while defending himself in a government investigation into stolen Federal Reserve documents that wound up in his e-mail in-box.

Joseph Jiampietro, a onetime managing director at the company’s investment banking division, was fired in 2014 for failing to tell his superiors that an associate who used to work at the Fed e-mailed secret central bank documents to him, according to a complaint filed Thursday in Wilmington, Delaware.

Jiampietro maintains ...

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