August 11, 2023

Paul, Weiss Recognized by Law360 for Win in Decade-Long Goldman Sachs Investor Class Action

Litigation partners Kannon Shanmugam and Audra Soloway were recognized in Law360’s “Legal Lions of the Week” column on August 11, alongside co-counsel from Sullivan & Cromwell, for their Second Circuit win in a decade-long investor class action against Goldman Sachs. Representing Goldman Sachs, the team won decertification on the basis of a 2021 U.S. Supreme Court ruling that requires courts to determine whether generic statements about a company's usual business practices can be linked to an inflated stock price.

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