Mealey's Securities/D&O Liability - Judge Grants In Part, Denies In Part Dismissal In Securities Class Action

NEW YORK - Without providing further opinion, a federal judge in New York on July 15 granted in part and denied in part a motion to dismiss filed by Goldman Sachs & Co. and others in a securities class action lawsuit regarding Goldman's alleged misrepresentations pertaining to the financial condition of one of its subsidiaries (NECA-IBEW Health & Welfare Fund v. Goldman Sachs & Co., et al., No. 08-10783, S.D. N.Y.).

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