Goldman, Carlyle Trim Buyout Antitrust Action

Law360, New York (March 1, 2011, 7:22 PM EST) -- A Massachusetts federal judge narrowed a proposed class action Tuesday accusing Goldman Sachs Group Inc. and others of fixing prices on leveraged buyouts, dismissing claims related to the $22 billion buyout of pipeline owner Kinder Morgan Inc.

The allegations are nearly identical to claims levied by a class of former Kinder Morgan shareholders in a separate proceeding, and those claims were released as part of a $200 million settlement in November, Judge Edward F. Harrington of the U.S. District Court for the District of Massachusetts said....
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