Langone Challenges Spitzer's NYSE Lawsuit

Law360, New York (January 24, 2006, 12:00 AM EST) -- The legal bout between regulators and former management at the New York Stock Exchange Inc. is heating up after lawyers for former director Kenneth G. Langone asked a federal judge to dismiss New York Attorney General Eliot Spitzer's $18 million lawsuit.

Langone argued the case shouldn't go forward because Spitzer simply doesn't have enough evidence, according to court documents. Spitzer sued Langone, the NYSE and former NYSE chairman Richard Grasso in May 2004, accusing the group of illegally manipulating the board of directors to win Grasso...
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