Tag: Archegos

Goldman, Morgan Stanley win dismissal of lawsuits over Archegos collapse | Reuters

A U.S. judge on Thursday dismissed seven lawsuits by investors who accused Goldman Sachs Group Inc and Morgan Stanley of misconduct that fueled the rapid March 2021 collapse of Bill Hwang’s $36 billion firm Archegos Capital Management. U.S. District Judge Jed Rakoff in Manhattan dismissed the investors’ market manipulation and insider trading claims with prejudice, meaning they cannot be brought…

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