Goldman Seeks To Dismantle Muni Price-Fixing Claims

Law360, New York (February 10, 2010, 3:32 PM EST) -- The Goldman Sachs Group Inc. has asked a judge to dismiss claims by several state and local governments in the multidistrict litigation accusing a slew of companies of fixing prices of municipal derivatives, contending that the municipalities have failed to plead a massive conspiracy.

In a filing Tuesday in the U.S. District Court for the Southern District of New York, the financial institution asked to toss complaints by the Sacramento Municipal Utility District, the city of Riverside, Los Angeles World Airports, the Sacramento Suburban Water District,...
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