Li v. Goldman Sachs Group Inc. et al

Track this case

Case Number:

1:21-cv-09420

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Jed S. Rakoff

Firms

Companies

Sectors & Industries:

  1. October 19, 2022

    Keep Morgan Stanley, Goldman In Archegos Suit, Judge Told

    Morgan Stanley and Goldman Sachs must face investor claims that they illegally avoided billions of dollars in trading losses by acting on nonpublic information about Archegos Capital Management, a Manhattan federal judge has heard from shareholders who allegedly were harmed by Archegos' collapse last year.

  2. August 15, 2022

    Wall Street Giants Deny Insider Trading In Archegos Blowup

    Goldman Sachs and Morgan Stanley have rebuffed investor allegations of insider trading made by those who suffered huge losses after last year's collapse of Archegos Capital Management, urging a New York federal judge to dismiss multiple lawsuits pinning shareholder losses on the banks' activities before Archegos' public fall.

  3. March 10, 2022

    Morgan Stanley, Goldman Sachs Archegos-Tied Suits Merged

    A New York federal judge has consolidated six virtually identical putative class actions that variously accuse Goldman Sachs and Morgan Stanley of insider trading right before last year's collapse of Archegos Capital Management.

  4. November 19, 2021

    Pomerantz Chases Its Own Archegos Litigation Against Banks

    A pair of Pomerantz LLP clients have launched litigation against Goldman Sachs and Morgan Stanley that largely mirrors a spate of suits filed last month accusing the banks of insider trading in connection with the collapse of Archegos Capital Management.