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LAPIN v. GOLDMAN SACHS GROUP, INC.

No. 04CV2236 (KMK).

506 F.Supp.2d 221 (2007)

Harvey A. LAPIN, Individually, and On Behalf of All Others Similarly Situated, Plaintiff, v. GOLDMAN SACHS GROUP, INC., Goldman Sachs & Co., and Henry M. Paulson, Defendants.

United States District Court, S.D. New York.

September 29, 2006.

Attorney(s) appearing for the Case

Ira M. Press, Kirby McInerney & Squire, LLP, New York City, for Plaintiff.

Lionel Z. Glancy, Neal A. Dublinsky, Mark I. Labaton, Robin Howald, Glancy Binkow & Goldberg LLP, Los Angeles, CA, for Plaintiff.

David H. Braff, Stephanie G. Wheeler, Anastasia A. Angelova, David E. Swarts, Sullivan & Cromwell LLP, New York City, for Defendants.

OPINION & ORDER

KARAS, District Judge.

This case stems from a financial securities firm's alleged conflicts of interest. The conflict alleged pitted the firm's securities analysts against the firm's actual or potential investment banking clients. It is alleged that this conflict of interest, which was not disclosed by the firm to its shareholders, artificially inflated the price of the firm's stock purchased during the relevant time period.

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