Month: September 2023

Second Circuit Confirms That Corrective Disclosure Mismatch May Preclude Class Certification

On August 10, 2023, the US Court of Appeals for the Second Circuit dealt a blow to securities class action plaintiffs when it decertified the investor class in Arkansas Teacher Retirement System v. Goldman Sachs Group, Inc. After a long history of the case going up to the US Supreme […]

Brett De Jarnette, Heather Speers and Jamie Robertson / September 11, 2023

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Month: September 2023

Second Circuit Confirms That Corrective Disclosure Mismatch May Preclude Class Certification