Supreme Court Could Use TransUnion ‘Terrorist List’ Case to Curb Class Actions

March 31, 2021/in Fair Credit Reporting Act, National News, Supreme Court class actions, suspected terrorist list, transunion /by wpmaddoxins

The U.S. Supreme Court on Tuesday signaled it could narrow the scope of a class action lawsuit against TransUnion in which thousands of people sought damages after the credit reporting company flagged their names as matching those on a government …

Supreme Court Grapples With Investor Class Actions in Goldman Sachs Securities Case

March 30, 2021/in Arkansas Teacher Retirement System, collateralized debt obligations, company statements to investors, Goldman Sachs class action, National News, subprime lenders, Supreme Court class actions /by wpmaddoxins

U.S. Supreme Court justices on Monday struggled in a case involving Goldman Sachs Group Inc. over how judges should determine when shareholders can collectively sue publicly traded companies for fraudulent statements that keep their stock prices artificially high. The justices …