SCOTUS Hears Oral Argument in Goldman Sachs Securities Class Action
By EsqSocial Corporation 21/04/21
On March 29, 2021, the U.S. Supreme Court heard oral argument in Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System. In this closely watched case, the Court is expected to clarify the evidentiary burden for rebutting the “fraud on the market” presumption of reliance at the class certification stage in securities fraud class actions....
By: Akin Gump Strauss Hauer & Feld LLP