Goldman Sachs Sues Over Name-Stealing Company

Goldman Sachs is suing a bankruptcy specialist who started a company using the Goldman Sachs name.

A Case of Corporate Identity Theft

Arian Eghbali, a 40-year-old bankruptcy specialist, registered “Goldman Sachs Capital LLC” in California in 2022. He listed himself as CEO in 2024. The twist? Eghbali has never worked for Goldman Sachs. The real Goldman Sachs is taking legal action.

The Specialist’s Explanation

Eghbali, who runs a firm called Olympus Guardians, works on bankruptcy cases for big names like Forever 21, Hooters, and Virgin Orbit. He claims he registered “Goldman Sachs Capital” while exploring a business venture he hoped would get funding from the actual Goldman Sachs. That venture fell through, but he’s since used the LLC to claim employee retention credits (ERCs)—tax credits meant to help businesses keep employees during the pandemic.

Goldman Sachs’ Response

Goldman Sachs spokesperson Nick Carcaterra says Eghbali’s explanation doesn’t make sense.

California’s Role

The California Secretary of State’s office says it only checks new registrations against existing state filings, not national brand names. They don’t handle trademark disputes.