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.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.