Defendants Seek Summary Judgment In Securities Class Action Lawsuit
(November 13, 2015, 11:04 AM EST) -- NEW YORK — Defendants in a securities class action lawsuit asked a federal judge in New York on Nov. 6 to grant summary judgment in their favor because shareholders failed to plead a material misrepresentation or scienter in making their federal securities law claims (In re Goldman Sachs Group Inc. Securities Litigation, No. 10-3461, S.D. N.Y.).
(Motion for summary judgment available. Document #57-151116-509B.)
Shareholders filed a consolidated securities class action complaint in the U.S. District Court for the Southern District of New York on behalf of...