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Law Profs Say 2nd Circ. Should Uphold Abacus Class Cert.

By Evan Weinberger (August 30, 2016, 3:45 PM EDT) -- A group of prominent securities law professors on Friday urged the Second Circuit to uphold a lower court ruling granting class certification in a lawsuit against Goldman Sachs Group Inc. over the infamous Abacus transaction, saying that the lower court appropriately applied precedent when it made its decision....

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