Goldman Sachs class action News

Supreme Court Backs Goldman Sachs Escape from Securities Class Action

The U.S. Supreme Court on Monday handed a victory to Goldman Sachs Group Inc. in its bid to avoid an investor class action lawsuit accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 …

Supreme Court Grapples With Investor Class Actions in Goldman Sachs Securities Case

U.S. Supreme Court justices on Monday struggled in a case involving Goldman Sachs Group Inc. over how judges should determine when shareholders can collectively sue publicly traded companies for fraudulent statements that keep their stock prices artificially high. The justices …

Women Suing Goldman Sachs Demand Files with Words They Say Prove Discrimination

Women suing Goldman Sachs Group Inc. for gender discrimination are going after any internal documents with words like “babe,” “bimbo” or worse that they say would show bias by executives who administered the bank’s promotion and evaluation policies. The women …

Judge Certifies Class Action Accusing Goldman Sachs of Gender Discrimination

A federal judge ruled that women accusing Goldman Sachs Group Inc. of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit. The decision late Friday afternoon by U.S. District …

Goldman Avoids Class Action Over Gender Bias Claim; Court Allows Arbitration

Goldman Sachs Group Inc. on Thursday won a U.S. court order allowing it to send a former employee’s gender discrimination dispute to arbitration, rather than being forced to defend against her claims in a class action. In ruling for Goldman, …

Judge Certifies Investor Class Action Against Goldman Sachs

Goldman Sachs Group Inc. was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. U.S. District Judge Harold …