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Goldman Said to Agree to Pay $270 Million to Settle MBS Lawsuit

Goldman Sachs Group Inc. has agreed to pay around $270 million to settle a lawsuit by investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities, two people familiar with the case said.

The agreement hasn’t been signed yet and is expected to be disclosed as soon as Monday, the people said, asking not to be identified because the discussions are private.