January 03, 2014
A New York federal judge has added a slew of securities offerings to two class actions — one against the Royal Bank of Scotland Group PLC and a second targeting underwriters including Goldman Sachs & Co. — over mortgage-backed securities, in a ruling that may vastly expand the defendants' liability.
May 01, 2013
A New York federal judge on Tuesday revived the bulk of claims in a pair of class actions against Goldman Sachs Group Inc., Bank of Scotland Group PLC, Residential Capital LLC and others over alleged missteps in mortgage-backed securities offerings, a ruling that will allow the two actions to cover offerings totaling about $46 billion.