On March 25, 2011, Labaton Sucharow was appointed Co-Lead Counsel for Lead Plaintiffs, the Arkansas Teachers Retirement System, the West Virginia Investment Management Board and the Plumbers and Pipefitters Pension Group, in In re Goldman Sachs Group, Inc. Securities Litigation, Master File No. 1:10-cv-03461-PAC (S.D.N.Y). In the action, Lead Plaintiffs assert claims under the Securities Exchange Act of 1934 against Goldman Sachs Group, Inc. ("Goldman"), and certain of Goldman's officers (collectively, the "Goldman Defendants") on behalf of all purchasers of Goldman securities from February 5, 2007 to June 10, 2010.

Lead Plaintiffs filed their Consolidated Class Action Complaint on July 25, 2010. Lead Plaintiffs allege that the Goldman Defendants violated the federal securities laws by making false and misleading statements with respect to events surrounding Goldman's sale, in 2006 and 2007, of the Abacus, Anderson, Hudson and Timberwolf collateralized debt obligations ("CDO"). Lead Plaintiffs also allege that the Goldman Defendants concealed from investors that the SEC was investigating Goldman for making materially misleading statements in connection with the Abacus transaction.    

Defendants are scheduled to answer the complaint or file their motion to dismiss on October 6, 2011.