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Corporate

Mar. 19, 2008

Bear Stearns Sued Over Stock Drop

Before noon Monday, lawyers at San Diego's Coughlin Stoia Geller Rudman & Robbins had filed a securities fraud class-action complaint against Bear Stearns, the investment firm that was purchased for one-tenth of its Friday trading price in a deal hashed out over the weekend.

By Gabe Friedman
Daily Journal Staff Writer
This article appears on Page 1.

      Before noon Monday, lawyers at San Diego's Coughlin Stoia Geller Rudman & Robbins had filed a securities fraud class-action complaint against Bear Stearns, the investment firm that was purchased for one-tenth of its Friday trading price in a deal hashed out over the weekend.
      "This is a complete crater o...

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