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Basis Yield Alpha Fund v. Goldman Sachs Group, Inc. et al
Case Number:
1:10-cv-04537
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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July 21, 2011
Judge Nixes Hedge Fund's $1.6B Suit Over Goldman CDOs
A New York federal judge has thrown out a hedge fund's $1.6 billion lawsuit accusing Goldman Sachs Group Inc. of misleading it about the potential of certain collateralized debt obligations, according to an order made public Thursday.
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May 18, 2011
Judge Won't Consider Senate Report In $1.6B Goldman Suit
A federal judge in New York on Wednesday refused to consider a recent U.S. Senate report criticizing Goldman Sachs Group Inc.'s subprime sales practices in deciding whether to dismiss an Australian hedge fund's $1.6 billion fraud suit against the company.