Too Late For Goldman Bond Trading Claims: 7th Circ.

Law360, New York (August 5, 2011, 6:10 PM EDT) -- The Seventh Circuit on Friday affirmed the dismissal of claims of insider trading on 30-year U.S. Treasury bonds brought against Goldman Sachs & Co., ruling the plaintiffs' suits came after the expiration of the limitations period for securities claims.

The court weighed an appeal from investor George M. Tomlinson, who was seeking to intervene in a suit filed by Premium Plus Partners LP on behalf of traders who took short positions in futures contracts that lost out when the Treasury bond prices rose following an October...
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