In re Goldman Sachs Group, Inc. Securities Litigation

  1. August 14, 2018

    Goldman Investors Win Cert. After 2nd Circ. Reversal

    A New York federal judge on Tuesday recertified an investor class after a Second Circuit decision vacated its first certification win, finding that Goldman Sachs failed to show that alleged misstatements on its ethical compliance had no price effect on its stock value.

  2. April 17, 2018

    Goldman Investors Seek Cert. Again After 2nd Circ. Reversal

    Goldman Sachs Group Inc. hasn't shown that certain alleged misstatements over the company's ethical compliance had no effect on its stock price, a group of investors has told a New York federal judge in a bid to reinstate class certification after the Second Circuit negated their class status in January.

  3. April 13, 2018

    Goldman Fights Investors' Cert. After 2nd Circ. Reversal

    Goldman Sachs urged a New York federal judge on Friday to reject a certification bid by a proposed class of shareholders who claim the bank's misrepresentations caused its stock to drop, arguing that the statements didn't impact the stock's value based on the Second Circuit's "preponderance of evidence" standard.

  4. November 06, 2015

    Goldman Says Investors' Abacus Class Action Doesn't Fly

    Goldman Sachs Group Inc. asked a New York federal judge Friday to toss a recently certified class action over the bank's infamous Abacus collateralized debt obligation, saying the class can't show that investors' $1 billion loss was linked to any contested statements.

  5. September 25, 2015

    Goldman Sachs Investors Win Class Cert. In Abacus Case

    A New York federal judge has agreed to certify a class action accusing Goldman Sachs Group Inc. of lying about its ethical compliance ahead of the $1 billion in investor losses caused by its infamous Abacus collateralized debt obligation, ruling Goldman couldn't show a stock drop wasn't caused by the misstatements.

  6. April 06, 2015

    Goldman Sachs Urges Judge Not To Certify Abacus Class

    Goldman Sachs Group Inc. pressed a New York federal judge on Monday not to certify the class suing over the bank's infamous Abacus collateralized debt obligation that caused $1 billion in investor losses, arguing there was no proof its contested statements affected Goldman's stock price.

  7. October 08, 2014

    Goldman Can't Bring Abacus Class Action Ruling To 2nd Circ.

    A New York federal judge on Tuesday denied Goldman Sachs Group Inc.'s bid to ask the Second Circuit to reconsider his 2012 decision not to dismiss a class action over the bank's infamous Abacus collateralized debt obligation that caused $1 billion in investor losses.

  8. July 22, 2014

    Goldman Asks For 2nd Circ. Review Of Abacus Class Action

    Goldman Sachs Group Inc. on Monday urged a New York federal judge to let the Second Circuit weigh in on its bid to reconsider a 2012 decision not to dismiss a consolidated class action over the bank's infamous Abacus collateralized debt obligation that caused $1 billion in investor losses.

  9. June 23, 2014

    Goldman Can't Escape Class Action Over $1B Abacus Losses

    A New York federal judge on Monday rejected Goldman Sachs Group Inc.'s bid to reconsider a 2012 decision not to dismiss a consolidated class action over Goldman's infamous "Abacus" collateralized debt obligation that caused $1 billion in investor losses, saying he would adhere to the earlier conclusion.

  10. June 13, 2014

    Goldman Tries Again To Nix Investors' Abacus Dispute

    The Goldman Sachs Group Inc. urged a New York federal court Friday to reconsider its June 2012 refusal to entirely dismiss a consolidated class action over Goldman's infamous "Abacus" collateralized debt obligation that caused $1 billion in investor losses, which left in place the plaintiffs' conflict-of-interest claims.