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Home » SCOTUS Denies Goldman’s Plea to Overturn Reinstatement of Plaintiff’s MBS Class Action
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SCOTUS Denies Goldman’s Plea to Overturn Reinstatement of Plaintiff’s MBS Class Action

March 29, 2013
The U.S. Supreme Court has denied a petition to review a federal appeals court decision to reinstate a securities class action lawsuit filed by MBS investors against Goldman Sachs. In denying the petition, the SCOTUS let stand a ruling by the U.S. Court of Appeals for the Second Circuit to overturn a lower court’s decision to dismiss the plaintiff’s suit for lack of standing and for failure to show injury.
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