The Second Circuit on Friday refused to allow Goldman
Sachs to immediately appeal a lower court's order
certifying an investor class in a suit accusing it and related
defendants of fraudulently unloading over $2.4 billion in toxic
securitized mortgage-related debt.
In a brief order, a three-judge appellate panel denied
Goldman's petition for leave to appeal U.S. District Judge Victor
Marrero's January class certification ruling, finding that an
immediate appeal is unwarranted.
View the full article
Click here for more
information about the case.