(Reuters) - The lawsuit will be brought by the firm of Bernstein
Litowitz Berger and Grossman LLP, which represented investors
against WorldCom Inc. over a massive accounting fraud, CNBC
said.
According to CNBC, the lawsuit will allege Bear Stearns
made material misrepresentations in offering documents,
misrepresented risks of the hedge funds in those documents, and
misrepresented its ability to control those risks.
Read more at Reuters.com Bonds News
Litowitz Berger and Grossman LLP, which represented investors
against WorldCom Inc. over a massive accounting fraud, CNBC
said.
According to CNBC, the lawsuit will allege Bear Stearns
made material misrepresentations in offering documents,
misrepresented risks of the hedge funds in those documents, and
misrepresented its ability to control those risks.
Read more at Reuters.com Bonds News
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