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Antitrust & Trade Reg.

Dec. 8, 2006

Justices Will Review Antitrust Cases in Banking and Fashion Industries

WASHINGTON - The U.S. Supreme Court will decide whether the nation's leading investment banks should be immune from two class actions that allege they conspired to inflate the prices of initial stock offerings for hundreds of technology and Internet companies during the "dot-com" boom of the late 1990s.

By Brent Kendall
Daily Journal Staff Writer

      WASHINGTON - The U.S. Supreme Court will decide whether the nation's leading investment banks should be immune from two class actions that allege they conspired to inflate the prices of initial stock offerings for hundreds of technology and Internet companies during the "dot-com" boom of the late 1990s.
      The plaintiffs, who bought shares in 900 ...

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