Judge Won't Let Broker Intervene In Merrill Case

Law360, New York (July 1, 2008, 12:00 AM EDT) -- In the latest development in the long-running class action against Merrill Lynch & Co., a district court judge has denied a former Merrill Lynch broker's motion to intervene as lead plaintiff in the case that accuses the bank of providing research reports containing falsely positive information.

In a decision handed down on June 26, Judge John Keenan of the U.S. District Court for the Southern District of New York denied Terry Ray Morris' motion to intervene in Shadi S. Dabit v. Merrill Lynch.

Morris filed the...
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