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2nd Circ. Backs Goldman's Victory In 401(k) Self-Dealing Suit

The Second Circuit upheld Goldman Sachs' win in a class action from 29,000 employee 401(k) plan participants who said the banking giant violated federal benefits law by including underperforming proprietary investment funds in their investment roster, citing evidence Wednesday of a "robust process" to manage potential conflicts.
Goldman Sach Kellie Mejdrich Second Circuit
Source: law360.com

The US Supreme Court Rules in Murray v. UBS That SOX Whistleblowers Do Not Need To Prove Retaliatory Intent | Kramer Levin Naftalis & Frankel LLP

On Feb. 8, 2024, the U.S. Supreme Court unanimously ruled in Murray v. UBS Securities, LLC that plaintiffs bringing whistleblower retaliation claims under Section 1514A of the...
Justice Amy Coney Barrett Justice Sonia Sotomayor Justice Samuel Alito Kramer Levin Naftalis Frankel Supreme Court Second Circuit Court

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