The Supreme Court - June 21, 2021
By EsqSocial Corporation 22/06/21
Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System, No. 20-222: In this securities-fraud class action, plaintiff pension funds brought suit against the Goldman Sachs Group, alleging that Goldman had maintained an artificially high stock price by making false or misleading generic statements about its conflict management abilities. According to the plaintiffs, the result was that when several undisclosed conflicts of interest came to light, Goldman’s stock price fell and its...
By: Dorsey & Whitney LLP