Lawyer says Goldman failed speech software “geniuses”
BOSTON (Reuters) – Goldman Sachs bankers failed to raise red flags about Lernout & Hauspie’s accounting irregularities more than a decade ago, costing speech recognition software pioneers at Dragon Systems nearly all of their life’s work and about $600 million, a lawyer told a jury on Monday in federal court. "They were relying on Goldman to take care of them and whether or not they should be worried about these questions," plaintiffs’ lawyer Alan Cotler said in his opening statement. He kicked off what is expected to be a two-month courtroom battle in U. S. District Court in Boston. . . .
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