Judge muzzles Goldman, lawyers

Reuters reports that a U.S. federal judge on Monday ordered Goldman Sachs Group Inc to take down statements from its website related to its representation of Dragon Systems in a 2000 sale that blew up when acquirer Lernout & Hauspie went bankrupt after accounting regularities emerged.

A two-month jury trial in the civil case is expected to begin Monday afternoon in U.S. District Court in Boston. Lawyers for Dragon's founders are expected to accuse the iconic Wall Street bank of negligent misrepresentation and malpractice in their opening arguments.

U.S. District Judge Patti Saris began Monday's proceedings by chastising attorney Alan Cotler for talking to a Boston Globe reporter on the eve of the trial. Cotler is representing Janet and James Baker, speech recognition pioneers who agreed to sell Dragon to Lernout & Hauspie in the $580 million all-stock deal that ultimately fell apart…..

Read more at

http://www.reuters.com/article/2012/12/10/us-banks-goldmansachs-trial-idUSBRE8B90QH20121210