Implications Of Richman V. Goldman Sachs Group

Law360, New York ( July 17, 2012, 1:41 PM EDT) -- United States District Judge Paul Crotty, sitting in the Southern District of New York, has issued a ruling holding that a public company did not have a duty, upon which a federal securities fraud claim could be based, to disclose the receipt of a Wells Notice from the U.S. Securities and Exchange Commission.[1]...

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