Insider Trading Claim Against Goldman, MFS Trimmed

Law360, New York (August 1, 2008, 12:00 AM EDT) -- A federal judge in Illinois granted summary judgment Wednesday to Massachusetts Financial Services Co. in a lawsuit stemming from claims of insider trading on 30-year treasury bonds and their derivatives in 2001. The judge granted partial summary judgment to Goldman Sachs & Co. Inc. in the same case.

Judge Samuel Der-Yeghiayan of the U.S. District Court for the Northern District of Illinois granted MFS' motion for summary judgment because allegations of insider trading against MFS by Premium Plus Partners, an Illinois-based limited partnership, were not covered...
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