The titans of the securities bar are lining up in solidarity with Goldman Sachs in objecting to a newly re-certified class action.
With a sky-is-falling franticness, they are beseeching the U.S. Court of Appeals for the Second Circuit to grant interlocutory review—again—in a hot potato of a case. On August 14, U.S. District Court Judge Paul Crotty on remand certified the $13 billion investor class action for the second time against Goldman, which is represented by Robert Giuffra Jr. at Sullivan & Cromwell.
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