On August 5th, the Seventh Circuit addressed three insider trading lawsuits stemming from the Treasury Department's 2001 announcement that it was suspending sales of new 30-year bonds. The Court held the individual plaintiff was barred by the statute of limitations from suing individually and from intervening in the class action. His claim accrued when he could reasonably have learned of the scienter involved. Also, the Court held that the party named as the class representative could not be the class representative because it had accepted Goldman Sachs' settlement offer. The Court determined, however, that the trial court improperly calculated interest on the settlement amount and remanded that issue for further consideration. Premium Plus Partners, L.P. v. Goldman, Sachs & Co.