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George Meierhofer quoted in “Bain, Goldman Settlements A Cautionary Tale For PE Firms,” Law360

Posted Jun 12, 2014

New York (June 12, 2014, 7:19 PM ET) — Bain Capital Partners LLC and Goldman Sachs Group Inc. on Wednesday agreed to pay $121 million to resolve claims they teamed up to deflate prices in leveraged buyouts, and while experts say the move won’t halt collaborative deal-making, it’s a reminder for firms to keep themselves in check.

The investment firms — and several of their big-name rivals — have spent the past six years mired in a shareholder suit accusing them of holding back from competing on deals to give each other price breaks. The…

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