NEW YORK ( TheStreet) -- Goldman Sachs (GS - Get Report) is the latest investor to object to Bank of America's (BAC - Get Report) $8.5 billion mortgage settlement, saying it did not have sufficient information to evaluate the deal in a court filing late Tuesday.
According to a Bloomberg report, the investment bank said in its filing that it could not determine whether "all investors who are similarly situated will be treated equally."
Bank of America is seeking approval of its $8.5 billion settlement, which it negotiated with a group of institutional investors including Blackrock (BLK - Get Report) and Pimco as well as subsidiaries of Goldman Sachs. Bank of New York Mellon (BK - Get Report) acted as a trustee of the affected mortgage-backed securities trusts.
Investors including AIG (AIG - Get Report), the Federal Deposit Insurance Corp., the National Credit Union Administration, six Federal Home Loan Banks and several public pension funds have objected to the deal.
>To contact the writer of this article, click here: Shanthi Bharatwaj. >To follow the writer on Twitter, go to http://twitter.com/shavenk. >To submit a news tip, send an email to: firstname.lastname@example.org.