1 Analyses of this statute by attorneys
Third Time’s the Charm: Goldman Sachs Secures Class Decertification in Latest 2nd Circuit Clash Over Tainted CDO
Patterson Belknap Webb & Tyler LLPH. Gregory BakerAugust 21, 2023man Sachs Grp., Inc. Sec. Litig., 2015 WL 5613150 (S.D.N.Y. Sep 24, 2015).[3] See, e.g., SEC Press Release 2010-123, Goldman Sachs to Pay Record $550 Million to Settle SEC Charges Related to Subprime Mortgage CDO (July 15, 2010),available athttps://www.sec.gov/news/press/2010/2010-123.htm.[4] ATRS III at *4-5.[5] Id. at *5.[6] Goldman Sachs Grp., Inc. v. Arkansas Tchr. Ret. Sys., — U.S. —, 141 S. Ct. 1951, 210 L. Ed. 2d 347 (2021) (“Goldman”).[7] ATRS III at *6 (citing in Basic Inc. v. Levinson, 485 U.S. 224 at 246 (1988)).[8] 485 U.S. 224 at 250 (1988).[9] Goldman, 141 S. Ct. at 1959.[10] In re Goldman Sachs Grp., Inc. Sec. Litig., 579 F. Supp. 3d 520, 538 (S.D.N.Y. 2021), rev'd sub nom. Arkansas Tchr. Ret. Sys. v. Goldman Sachs Grp., Inc., No. 22-484, 2023 WL 5112157 (2d Cir. Aug. 10, 2023).[11] Goldman, 141 S. Ct. at 1961.[12] ATRS III at *11.[13] ATRS III at *13.[14] ATRS III at *16.[15] ATRS III at *24.[16] Id.[17] Id. at *7.[18] Id.[19] Id. at *24.[20] Id.[21] 28 U.S.C. §§ 1254, 2101(c).