Bids Begin To Lead Fights Against Merrill Lynch

Law360 (January 2, 2008, 12:00 AM EST) -- Two plaintiffs have asked to be named lead plaintiff in suits alleging investment bank Merrill Lynch & Co. misrepresented and failed to disclose facts about its subprime mortgage debt exposure.

In separate motions filed Monday in the U.S. District Court for the Southern District of New York, Frankfurt-Trust Investment-Gesellschaft mbH and shareholder James Conn both argued they could best serve as lead plaintiff of the suits — but in slightly different roles.

Specifically, Conn's attorneys want him to be the lead plaintiff of a merger class...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.