New York State Supreme Judge Bernard J. Fried ordered the lawsuits dismissed on September 21. The plaintiffs had agreed to the dismissal in January 2010, after New York-based Goldman Sachs said its ratio of compensation and benefits to net revenue for 2009 was its “lowest as a public company,” reports Bloomberg.
Fried denied the plaintiffs’ request for attorney fees and expenses, and rejected Brown’s request for an incentive fee award of $25,000.
The cases are Brown v. Blankfein and Central Laborers’ Pension Fund v. Goldman Sachs.
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