Bear Stearns & Co.
One of the nation's largest investment banking and brokerage firms, Bear Stearns & Co. is facing a number of securities and investment fraud charges. According to reports, in an effort to increase profits, Bear Stearns management supported fraudulent actions committed by a number of its clients, including stock manipulation and illegal trades. Stearns recently agreed to pay fines of $80 million as part of a settlement with the Attorney General of the State of New York.
Stock fraud allegations involving Bear Stearns include the following securities:
- Agilent Technologies
- Ancor Communications
- Andrx Communications
- CacheFlo
- Digital River
- JNI
- Pets.com
- Sonicwall
- Vixel
If you have been victimized by securities fraud because of Bear Stearns, it may be important to contact an attorney who can help you protect your legal rights. Please keep in mind that there may be time limits within which you must commence suit.
Attorneys associated with InjuryBoard.com will evaluate your case free of charge. In addition, you will not pay any fees unless your attorney recovers money for you. Please click on the free Ask An Attorney button to take advantage of this valuable service.
-- Article Courtesy of InjuryBoard.com
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