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Credit Derivatives Collateralized Debt Obligations

  • NEW YORK, Jan 12- A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc of fraudulently claiming to put client interests before its own when creating risky subprime securities before the financial crisis, including a collateralized debt obligation known as Abacus, cannot proceed as a class action. The 2nd U.S. Circuit Court of Appeals...

  • NEW YORK, Jan 12- A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc of fraudulently claiming to put client interests before its own when creating risky subprime securities before the financial crisis, including a collateralized debt obligation known as Abacus, cannot proceed as a class action. The 2nd U.S. Circuit Court of Appeals...

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