Thursday, September 6, 2012

Reuters: Regulatory News: BRIEF-U.S. appeals court revives some investor claims against Goldman

Reuters: Regulatory News
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BRIEF-U.S. appeals court revives some investor claims against Goldman
Sep 6th 2012, 14:21

Sept 6 | Thu Sep 6, 2012 10:21am EDT

Sept 6 (Reuters) - Goldman Sachs Group Inc : * U.S. appeals court revives some investor claims against Goldman Sachs Group

Inc over mortgage securities it underwrote -- court ruling * 2nd U.S. circuit court of appeals says purchaser of mortgage debt may assert

claims of purchasers of similar mortgage debt sold under same prospectus * 2nd circuit says plaintiff need not plead out-of-pocket loss to allege a

decline of value in an illiquid security * 2nd circuit directs lower court to reinstate plaintiff's claims related to

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