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Topic: Bear Stearns


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In the News (Mon 16 Nov 09)

  
  Bear Stearns Fraud InfoCenter - securities fraud information
Bear Stearns Fraud InfoCenter is an Internet resource that offers you an opportunity to research securities fraud and your legal rights associated with brokerage fraud.
Bear Stearns & Co. is a leading brokerage and global investment banking firm that serves both individuals and institutions.
In August 1999, Bear Stearns was forced to pay the SEC $35 millions in a settlement over its role in the investor fraud committed by its client A.R. Baron.
www.bearstearnsfraudinfocenter.com   (201 words)

  
  Bear, Stearns & Co. Inc.: Lit. Rel. No. 18109 / April 28, 2003
Bear Stearns' analysts were expected to work with investment bankers to procure investment banking business, and participated in "pitches" in which analysts made representations to potential banking clients concerning, for example, the frequency of coverage that potential investment banking business could expect.
Bear Stearns made a payment of $102,750 to another broker-dealer in connection with research coverage provided by the other broker-dealer on Andrx Corp., a Bear Stearns underwriting client, without ensuring that the payment was disclosed.
Bear Stearns also has agreed as part of this settlement to retain, at its own expense, an Independent Monitor to conduct a review to provide reasonable assurance that the firm is complying with the structural reforms.
www.sec.gov /litigation/litreleases/lr18109.htm   (810 words)

  
 Bear Stearns
Bear Stearns research analysts and personnel report to the Director of Research and are not subject to the direct or indirect supervision or control of any other Firm department (or members of such department).
Bear Stearns and its employees, officers, and directors deal as principal in transactions involving the securities referred to herein (or options or other instruments related thereto), including in transactions which may be contrary to any recommendations contained herein.
Bear Stearns is affiliated with a specialist that may make a market in the securities of the issuers referred to in this document, and such specialist may have a position (long or short) and may be on the opposite side of public orders in such securities.
www.bearstearns.com /sitewide/institutions/equities/supplychain/index.htm   (1625 words)

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