Falberg v. The Goldman Sachs Group, Inc. et al
Case Number:
1:19-cv-09910
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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January 03, 2024
5 January Argument Sessions Benefits Attys Should Watch
The Fifth Circuit will hear arguments this month over whether the Affordable Care Act's anti-discrimination mandate covers sexual orientation and gender identity, and Goldman Sachs workers will seek to revive a class action over proprietary retirement investments.
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June 30, 2022
2nd Circ. Says Goldman's ERISA Class Challenge Is Premature
The Second Circuit turned away Goldman Sachs' bid to launch a midcase challenge to the certification of a class of thousands of former employees who say the investment bank filled their retirement plan with underperforming funds, ruling that the time wasn't ripe for an appeal.
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April 11, 2022
Goldman Says Arbitration Pacts Should Narrow 401(k) Class
Goldman Sachs asked a New York federal judge to remove 3,000 people from a class covering more than 17,000 workers who claim the investment bank mismanaged its $7.5 billion 401(k) plan, saying those workers had agreed to arbitrate any employment-related claims.
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February 15, 2022
Ex-Goldman Sachs Workers Win Class Cert. In 401(k) Suit
A New York federal judge granted class status to a suit accusing Goldman Sachs Group Inc. of violating the Employee Retirement Income Security Act by mismanaging its employees' $7.5 billion 401(k) plan, allowing the case to go forward on behalf of tens of thousands of ex-workers.
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May 03, 2021
Ex-Goldman Sachs Worker Wants Class Cert. In 401(k) Suit
A former Goldman Sachs worker who accused the company of stuffing its employee retirement plan with underperforming company-managed investment funds has asked a New York federal court to certify a proposed class of plan participants.
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September 08, 2020
Ex-Worker Calls Goldman Sachs' ERISA Appeal Bid 'Improper'
Goldman Sachs' push to mount an immediate Second Circuit challenge to a judge's refusal to toss a proposed class action over 401(k) fees and investments amounts to an "improper attempt at a second bite at the apple," an ex-Goldman worker said.
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August 17, 2020
Goldman Sachs Wants 2nd Circ.'s Input In 401(k) Plan Suit
Goldman Sachs has asked a New York federal judge to let the Second Circuit weigh in on certain questions surrounding ERISA's statute of limitations and exhaustion requirements before a suit accusing the financial services firm of mismanaging its 401(k) plan resolves.
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July 10, 2020
Goldman Sachs Must Face ERISA Suit Over Affiliated Funds
Goldman Sachs can't shake a proposed ERISA class action from an ex-employee accusing the financial services firm of mismanaging its 401(k) plan, after a New York federal judge ruled the worker adequately alleged the company put itself before the plan participants.
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February 25, 2020
Ex-Goldman Sachs Worker Fights To Keep ERISA Suit Alive
A former Goldman Sachs employee is fighting the company's attempt to tank his proposed Employee Retirement Income Security Act class action, telling a New York federal judge that "an avalanche of case law" supports keeping the suit alive.
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January 28, 2020
Goldman Sachs Looks To Nix ERISA Suit Over Affiliated Funds
Goldman Sachs is urging a New York federal judge to toss an ex-employee's ERISA suit, arguing the worker didn't show the financial services company unwisely included certain affiliated funds in its 401(k) plan or improperly gained from those investments.