Goldman Sachs Wins Ruling After Dragon Systems Deal Trial

Goldman Sachs Group Inc.’s missteps advising speech-recognition pioneer Dragon Systems Inc. in a merger weren’t egregious enough for the bank to be found in violation of a Massachusetts law, a federal judge ruled.

U.S. District Judge Patti B. Saris in Boston, citing a jury verdict in January that rejected a $580 million negligence suit filed by Dragon founders Jim and Janet Baker and two other shareholders, denied the plaintiffs’ request for claims against Goldman Sachs under the state’s Unfair Trade Practices statute.