Goldman Sachs Group and Morgan Stanley have had seven lawsuits dismissed by a US judge over alleged misconduct that contributed to the collapse of Bill Hwang's $36 billion firm Archegos Capital Management in March 2021. The lawsuits were filed by investors who accused the banks of wrongdoing.
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A US judge dismissed seven lawsuits by investors who accused Goldman Sachs Group and Morgan Stanley of misconduct that fueled the rapid March 2021 collapse of Bill Hwang's $36 billion firm Archegos Capital Management https://t.co/J1L1jFwy97 https://t.co/WLg6YFyR69
⚠️ GOLDMAN, MORGAN STANLEY WIN DISMISSAL OF LAWSUITS OVER ARCHEGOS COLLAPSE Full Story → https://t.co/ZFM3gR5A5E https://t.co/jEa0GSgB7l
NO REPLACEMENTS: TCPA Litigator Dennis Thompson Goes Down When Court Accepts Consent Form at Motion to Dismiss Phase https://t.co/tvjLhpHGre #telecom #onlineconsent #TCPA https://t.co/2mIsXebuKv