Supreme Court to decide whether Goldman Sachs shareholders can bring suit in major fraud case
Tucker Higgins, 28 March 2021
The Supreme Court is set to hear arguments from Goldman Sachs in a long-running case that could have major implications for shareholders seeking to bring securities-fraud lawsuits.
Arguments are scheduled to begin at 10 a.m. ET Monday and will be streamed live as the court continues to meet remotely as a precaution against Covid-19.
The case, which dates to the Great Recession, concerns statements that the investment bank made while it was marketing “Abacus,” an investment known as a synthetic collateralized debt obligation. Continue reading “Article: Supreme Court to decide whether Goldman Sachs shareholders can bring suit in major fraud case”
