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Email On March 29, the United States Supreme Court heard oral argument in Goldman Sachs Group, Inc., et al. v. Arkansas Teacher Retirement System, et al., No. 20-222. The closely-watched case raises a host of important issues concerning the substantive and procedural requirements for certifying a securities fraud class action. https://www.cadwalader.com/resources/clients-friends-memos/supreme-court-to-weigh-in-on-presumption-of-reliance-in-securities-class-actions-goldman-sachs-v-arkansas-teacher-retirement-system