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Scully v. Goldman Sachs Group Inc. et al
Case Number:
1:21-cv-10791
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 28, 2024
Morgan Stanley, Goldman Get Archegos Suits Tossed
A New York federal judge on Thursday dismissed a group of lawsuits by investors accusing Morgan Stanley and Goldman Sachs of illegally avoiding billions of dollars in trading losses by acting on nonpublic information about now-defunct Archegos Capital Management.
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July 19, 2023
Morgan Stanley, Goldman Want Out Of Archegos Suit, Again
Morgan Stanley and Goldman Sachs have urged a New York federal judge to once again nix a suit filed by investors accusing them of illegally avoiding billions of dollars in trading losses by acting on nonpublic information about now defunct Archegos Capital Management, saying the plaintiffs do not allege that Archegos had any confidential information belonging to the issuers.
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April 03, 2023
Morgan Stanley, Goldman Escape Archegos Suits For Now
A New York federal judge has thrown out investors' claims that Morgan Stanley and Goldman Sachs illegally avoided billions of dollars in trading losses by acting on nonpublic information about Archegos Capital Management, although he gave them the opportunity to amend their complaint.
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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.
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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.
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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.