Law360 notes Fried Frank's victory on behalf of bank defendants

Law360 notes Fried Frank's victory on behalf of bank defendants

Law360 reported Fried Frank's victory on behalf of a group of bank defendants including Morgan Stanley, Goldman Sachs, Barclays, Wells Fargo and Deutsche Bank. The Fried Frank team successfully obtained a dismissal of a putative class action involving breach of contract claims, among others, in the US District Court for the Southern District of New York. The class action was brought in November 2010 on behalf of minority owners of certain oil and gas leases.

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