1MDB: Plaut v. The Goldman Sachs Group Inc., SDNY

20 September, 2019


Screenshot 2019-09-20 at 9.06.12 PM - EditedA Swedish pension fund will control a class action against Goldman Sachs Group Inc. over the 1MDB scandal, a federal judge in New York ruled.
Sjunde AP-Fonden was named on Thursday as lead plantiff in the suit, which accuses the bank of misleading investors about its work with the Malaysian state fund. The law firm Kessler Topaz Meltzer & Check LLP was named as lead counsel.
U.S. District Judge Vernon S. Broderick’s ruling means that Sjunde AP-Fonden’s legal team will map strategy, oversee legal motions, manage settlement talks and divvy up the work among collaborating firms.
Plaut v. The Goldman Sachs Group Inc. et al., 1:18-cv-12084, U.S. District Court for the Southern District of New York.



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