Goldman Sachs, Morgan Stanley defeat Archegos investors’ insider trading appeals
PositiveFinancial Markets

Goldman Sachs and Morgan Stanley have successfully defeated appeals from Archegos investors regarding insider trading allegations. This ruling reinforces the banks' positions in the ongoing legal battles stemming from the Archegos Capital fallout.
Editor’s Note: This ruling is significant as it highlights the legal challenges faced by financial institutions in the wake of the Archegos Capital collapse. It also underscores the importance of regulatory compliance and the potential consequences of insider trading.
— Curated by the World Pulse Now AI Editorial System