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2021-06-21

They're part of a class that isn't jailable

U.S. Supreme Court tosses class action ruling against Goldman Sachs

(Reuters) - The U.S. Supreme Court on Monday handed a victory to Goldman Sachs Group Inc in its bid

U.S. Supreme Court tosses class action ruling against Goldman Sachs

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Popcornn
·2021-06-22
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The plaintiffs accused the company of unlawfully hiding conflicts of interest when creating risky subprime securities.</p>\n<p>In directing the 2nd Circuit to reconsider the matter, the justices said the lower court had failed to properly assess whether the bank's statements that the investors had called misleading were too generic to have affected its stock price. 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