Goldman Sachs to face Swedish pension fund in 1MDB class action

Sjunde AP-Fonden was named on Thursday as lead plantiff in the suit, which accuses the bank of misleading investors about its work with the Malaysian state fund.

MANHATTAN: A Swedish pension fund will control a class action against Goldman Sachs Group Inc. over the 1MDB scandal, a federal judge in New York ruled.

Sjunde AP-Fonden was named on Thursday as lead plantiff in the suit, which accuses the bank of misleading investors about its work with the Malaysian state fund.