Miami Investment & Fraud Attorneys
305.372.9700
1 SE 3rd Ave # 1200
SunTrust International Center
Miami, Florida 33131

Oak Finance Luxembourg SA sold by Goldman Sachs

Carlson & Associates, P.A. is currently investigating the sale of Oak Finance Luxembourg SA (“Oak Finance”) notes to clients of Goldman Sachs. It has been reported that Goldman Sachs set up the entity, Oak Finance, to make a loan to Banco Espírito Santo SA (“Espírito Santo”) just weeks prior to Espírito Santo’s collapse.

Espírito Santo has since been split into two entities. “Novo Banco” now holds the good assets of Espírito Santo. The Bank of Portugal has decided that Novo Banco will not have to repay the Oak Finance notes. This means that investors could lose their entire investment in Oak Finance.

The investment in Oak Finance by Goldman Sachs was risky and may not have been suitable for all clients who were sold the notes. Additionally, Goldman Sachs may not have performed adequate due diligence prior to making the loan.

Share This Page:
  • Super Lawyers
  • AV Preeminent
  • Million Dollar Advocates Forum
Location

Office
Location

1 SE 3rd Ave #1200
Suntrust International Center
Miami, Florida 33131

Telephone: 305-372-9700
Fax: 305-372-8265

Connect
With Us

  • Facebook
  • Twitter
  • LinkedIn
  • Google

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

No content on this site may be reused in any fashion without written permission from www.Carlson-Law.net

MileMark Media - Practice Growth Solutions

© 2015 - 2017 Carlson & Associates, P.A. All rights reserved. This law firm website is managed by MileMark Media.