The NCUA said in a statement that it seeks damages of more than $491 million from Goldman Sachs. The complaint, filed yesterday in federal court in Los Angeles, is the fourth case aimed at recovering almost $2 billion from “sellers and underwriters of questionable securities,” the NCUA said. The agency said it expects to file five to 10 such cases.

Goldman Sachs Sued by U.S. Over Securities Sold to Failed Credit Unions - Bloomberg

Goldman Sachs Says AIG, Fannie, Freddie Threatening to Sue Over Mortgages

Goldman Sachs Says AIG, Fannie, Freddie Threatening to Sue Over Mortgages - Bloomberg