Lead Plaintiff Deadline: March 08, 2022
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Goldman Sachs and Morgan Stanley sold a large amount of Discovery shares during the class period while in possession of material, non-public information about Archegos and its need to fully liquidate its position in the Company because of margin call pressure. As a result of these sales, Defendants Goldman Sachs and Morgan Stanley avoided billions in losses combined.
In order to be included in the lawsuit, you must have incurred a loss on shares of Discovery, either: A) purchased or acquired during the class period listed above, if applicable; or B) pursuant to the Initial Public Offering (IPO) of Discovery, if applicable.
If you suffered a loss in Discovery during the relevant time frame, or pursuant to Discovery’s IPO if listed above, you have until March 08, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.