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Arkansas Teacher Retirement Sy v. Goldman Sachs Group, Inc.
Case Number:
18-3667
Court:
Nature of Suit:
3850 STATUTES-Secur Comm Exchange
Companies
Sectors & Industries:
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June 26, 2019
2nd Circ. Iffy On Goldman 'Re-Fight' Of CDO Class Cert. Issues
Federal appeals court judges piled on Goldman Sachs on Wednesday, asking why it was trying to "re-fight" settled issues before the appeals court in a securities class action brought by investors who claim the financier lost $1 billion after lying to them.
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May 07, 2019
Goldman Defends 2nd Appeal Of Class Cert. To 2nd Circ.
Goldman Sachs has urged the Second Circuit to undo the recertification of a class of investors who say it lied about its ethical compliance before losing $1 billion in securities known as collateralized debt obligations, arguing the shareholders "put up smoke screens" to distract the court.
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February 25, 2019
4 Amicus Briefs Back Goldman In 2nd Circ. Class Cert. Appeal
In a show of support for Goldman Sachs Group Inc., several parties signed onto four amicus briefs Friday urging the Second Circuit to reverse the recertification of an investor class in its suit over the company's ethical compliance efforts ahead of a $1 billion loss in collateralized debt obligations.
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February 15, 2019
Goldman Launches 2nd Appeal Of Class Cert. In 2nd Circ.
A New York federal judge incorrectly recertified a class of investors who accused Goldman Sachs Group Inc. of lying about its ethical compliance efforts before it lost $1 billion in securities known as collateralized debt obligations, the Wall Street giant argued in its appeal to the Second Circuit.
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