UPDATE 1-Goldman settles lawsuit over subprime bet for $27.5 mln
February 11, 2016 at 16:16 PM EST
NEW YORK, Feb 11 (Reuters) - Goldman Sachs Group Inc has reached a $27.5 million settlement of a class-action lawsuit accusing it of defrauding investors in subprime mortgage debt that some U.S. senators blamed for helping cause the 2008 financial crisis.
