Morgan Stanley, Goldman Want Out Of Archegos Suit, Again

[Gunnar Larson]

Morgan Stanley, Goldman Want Out Of Archegos Suit, Again

By Sydney Price

Morgan Stanley and Goldman Sachs have urged a New York federal judge to
once again nix a suit filed by investors accusing them of illegally
avoiding billions of dollars in trading losses by acting on nonpublic
information about now defunct Archegos Capital Management, saying the
plaintiffs do not allege that Archegos had any confidential information
belonging to the issuers.

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https://www.law360.com/newyork/articles/1701498?nl_pk=00e0f28d-575b-4889-8d54-22105e2d7f39&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2023-07-20&read_main=1&nlsidx=0&nlaidx=12
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