Buffetts Goldman Sachs Warrants Drop on SEC Lawsuit

April 16 (Bloomberg) -- The value of Warren Buffetts options to buy Goldman Sachs Group Inc. shares dropped after regulators sued the bank for misleading clients on the sale of securities tied to the subprime mortgage market. The warrants give Buffetts Berkshire Hathaway Inc. the right to buy New York-based Goldman Sachs common stock for $115 a share. Bloomberg's Brennan Lothery reports. (Source: Bloomberg)