On June 11, 2013, Goldman Sachs (represented by Ropes & Gray in this matter) prevailed on the remaining claims from the sale of Dragon Systems Inc. (“Dragon Systems”) to Lernout & Hauspie Speech Products N.V. (“L&H”) that occurred in June 2000. Goldman advised Dragon Systems in the $580 million all-stock merger. The stock received by Dragon Systems’ shareholders ultimately became worthless when significant accounting fraud was uncovered at L&H in the late summer of 2000. Holding that Goldman did not violate the Massachusetts Unfair Trade Practices statute. Chief Judge Saris stated that she gave weight to a January 23, 2013 jury decision in favor of Goldman, and thus held that Goldman’s conduct did not rise to the level of breaching its statutory obligations under the Massachusetts Unfair Trade Practices statute. (Baker v. Goldman Sachs & Co., No. 09-10053-PBS (D.Mass., June 11, 2013))