Arkansas Teacher Retirement Sy v. Goldman Sachs Group, Inc.

  1. August 26, 2021

    2nd Circ. Hands Goldman Cert. Fight Back To NY Judge

    The Second Circuit said Thursday that a New York federal judge will have the final word in a closely watched class certification battle between Goldman Sachs and its investors that the U.S. Supreme Court ruled on earlier this summer.

  2. August 11, 2021

    Goldman Sachs, Investors Spar Over Cert. Again At 2nd Circ.

    Goldman Sachs and its investors each filed briefs to the Second Circuit on Tuesday evening as part of the latest bout in their closely watched class certification battle that the U.S. Supreme Court remanded earlier this summer.

  3. July 16, 2020

    2nd Circ. Halts Goldman Class Action For High Court Appeal

    The Second Circuit pressed pause Thursday on a hotly watched securities class action against Goldman Sachs Group Inc. while the bank puts its class certification challenge before the U.S. Supreme Court.

  4. July 13, 2020

    Securities Litigation To Watch In 2020: Midyear Report

    Securities litigation during the first half of 2020 has been dominated by cases related to the ongoing COVID-19 pandemic and its many effects on the economy.

  5. June 15, 2020

    2nd Circ. Denies Goldman Another Chance To Decertify Class

    The Second Circuit will not rehear arguments against class certification in a high-profile shareholder suit against Goldman Sachs Group Inc., the appeals court said Monday.

  6. May 22, 2020

    Goldman Class Cert. Ruling Has COVID-19 Implications: Amici

    A group of law professors and former SEC officials said the Second Circuit's recent split-panel ruling against Goldman Sachs in a heavily watched class certification fight creates risks to public companies that are now exacerbated by the COVID-19 crisis.

  7. May 13, 2020

    Goldman Wants Full 2nd Circ. Review Of Split Panel's Ruling

    Goldman Sachs has asked the Second Circuit for an en banc review of last month's split-panel ruling that the bank had not rebutted the so-called Basic presumption of reliance in a long-running and closely watched stock-drop litigation.

  8. April 08, 2020

    2nd Circ. Won't Ruffle Key Theory As Goldman Case Plows On

    The Second Circuit was split on whether to decertify a class of Goldman Sachs investors on Tuesday, but unanimous in declining to augment a key theory on which the class is asserting securities claims against the investment bank.

  9. April 07, 2020

    Split 2nd Circ. Rejects Goldman's Bid To Decertify Class

    In a split decision Tuesday, a Second Circuit panel ruled against Goldman Sachs' bid to decertify an investor class and narrow the scope of the "price maintenance theory" — the idea that misstatements can fraudulently keep an artificially boosted stock price from dropping.

  10. January 01, 2020

    Securities Litigation To Watch In 2020

    In 2020, securities attorneys will be following a U.S. Supreme Court case that will decide the scope of the U.S. Securities and Exchange Commission's disgorgement powers and an appeal before the Second Circuit concerning price maintenance theory.