A setback for Goldman Sachs (GS), a federal appeals court reinstates a previously tossed suit...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

A setback for Goldman Sachs (GS), a federal appeals court reinstates a previously tossed suit accusing the bank of misleading investors in 2007 about the risks of MBS. By itself a minor case, the ruling could give impetus to hundreds or thousands of other claims still out there.