Robert J. Giuffra Jr., David Rein, Jeffrey T. Scott, Benjamin R. Walker and Eric T. Andrews

Sullivan & Cromwell Discusses Second Circuit Decision on Class Certification in Securities Fraud Cases

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On August 10, 2023, the Second Circuit handed down its highly anticipated decision in Arkansas Teacher Retirement System v. Goldman Sachs Group, Inc.[1] The court reversed the district court’s decision to certify a class action and remanded with …