Judge Mulls Discovery In Goldman MBS Action

Law360, New York (May 5, 2011, 7:48 PM EDT) -- A New York federal judge agreed Thursday to consider whether Goldman Sachs Group Inc. should hand over documents that could be critical for class certification in a suit accusing the bank of misleading investors in a mortgage-backed securities offering.

U.S. District Judge Harold Baer endorsed a letter submitted April 29 to let the Public Employees' Retirement System of Mississippi file two motions — one seeking to force Goldman to respond to a request for documents, and another that would bar the investment bank from subpoenaing absent...
To view the full article, register now.