A Manhattan judge has allowed a lawyer who worked for Bear Stearns & Co. Inc. for 29 years to testify as a securities expert witness in an arbitration against his former employer. Bear Stearns is being sued by Keefe, Bruyette & Woods Inc., for allegedly overpricing bonds sold by Bear Stearns' hedge funds three years ago. The judge noted that there was no indication that the issues involved in the arbitration were issues about which the expert acquired confidential information. Check out the scoop here.
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This page contains a single entry by Nick Zafran posted on January 27, 2010 4:02 PM.
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