Plaintiffs Try To Revive Bear Stearns Fraud Suit

Law360, New York (October 21, 2009, 5:54 PM EDT) -- A suit that lasted 10 years and accused Bear Stearns Cos. Inc. of complicity in a securities fraud scheme perpetrated by defunct broker-dealer A.R. Baron & Co. has gained new life as the plaintiffs signaled their intent to appeal the dismissal of their case.

The group of individuals, who first sued Bear Stearns and several other firms in 1999, filed a notice of appeal Monday in the U.S. District Court for the Southern District of New York, indicating that they would challenge two rulings that tossed...
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