It was a big turnaround for mortgage-backed securities investors last year when an appellate court ruled that plaintiffs can assert claims related to securities they never purchased. On Monday Goldman Sachs's lawyers at Gibson Dunn and Boies Schiller lost a bid to turn things back around in the banks' direction.
Supreme Court Nixes Goldman Sachs Appeal over MBS Investor Standing
The Litigation Daily
March 18, 2013
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