The pair had requested the return of 8.65m shares of the Hamilton, a mobile-phone chipmaker, plus as much as $200m in damages, according to a Finra filing.
The two sued Goldman Sachs in 2011, saying they were pressured into selling the shares to cover a margin loan, and that bank employees erroneously told them that a regulatory rule required them to do so. A California state judge granted Goldman Sachs’s request to force the plaintiffs to resolve the case through arbitration.
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