Daily Archives: April 2, 2023, 8:27 am

Goldman, Morgan Stanley win dismissal of investors’ Archegos lawsuits | Reuters

A U.S. judge on Friday dismissed seven lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of market manipulation and insider trading before the collapse of Bill Hwang’s $36 billion Archegos Capital Management LP. U.S. District Judge Paul Crotty in Manhattan rejected claims that the Wall Street banks, two of Archegos’ prime brokers, should be liable for…

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