BlackRock Settles Employment Row With Ex-Fund Manager

Law360, New York (December 6, 2012, 7:46 PM EST) -- BlackRock Inc. said Thursday it has reached a settlement with fund manager Michael Lipsky, who had sued the investment management giant in New York state court for allegedly refusing to provide him with information on his work performance for the company in an effort to hinder his future prospects.

A document filed Wednesday confirmed the two sides agreed to dismiss the suit in New York State Supreme Court. Brian Beades, a spokesman for New York-based BlackRock, told Law360 on Thursday that a settlement had been reached...
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