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Wednesday, February 8, 2012

''$698 Million Class Can Sue Goldman''

"A $698 million class action against Goldman Sachs will proceed, after a federal judge certified a class arising "out of a single offering ... of certificates derived from a pool of securitized fixed-rate, second-lien home mortgages."
     U.S. District Judge Harold Baer Jr. in Manhattan certified the Public Employees' Retirement System of Mississippi as representative of a class of more than 150 investors."


from courthouse news...

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