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Goldman Sachs Case

Goldman Sachs attempt to dismiss this case has failed. Plaintiff is seeking class action, alleging Goldman Sachs of prohibited transactions in its offering of its own products in the Plan, as well as unreasonably expensive poor performing funds at that. Goldman Sachs arguments regarding statute of limitations for the claims and the fact that the defendant was not invested in all of the funds in question were not accepted by the judge.

www.law360.com; July 10, 2020.