Goldman Petitions Supreme Court to Review Second Circuit MBS Ruling

, The Litigation Daily


After suffering a stinging appellate court defeat, Goldman Sachs has called in some heavy hitters to help it do battle before the U.S. Supreme Court. Relying on a team that includes Ted Olson and Jonathan Schiller, the bank filed a petition for certiorari on Friday in which it asks the justices to review a Second Circuit ruling that expanded the class of investors that can bring securities class action claims against mortgage-backed securities offerers.

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