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The Goldman Sachs headquarters at 200 West St. in Manhattan, New York. Photo: Ryland West/ALM The Goldman Sachs headquarters at 200 West St. in Manhattan, New York. Photo: Ryland West/ALM

The U.S. Supreme Court is set to hear arguments March 29 in a high-stakes appeal from Goldman Sachs that has the potential to reshape the landscape of securities class actions across the country.

At issue in the case is whether defendants should be able to more easily defeat class certification by pointing to the ”generic nature” of corporate statements as evidence that their alleged misstatements have no impact on the price of company shares.

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Tom McParland

Tom McParland of New York Law Journal can be contacted at [email protected] Follow him on Twitter @TMcParlandALM.

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