Ex-Prosecutors Add Perspective For Shearman & Sterling

Law360, New York (December 1, 2005, 12:00 AM EST) -- Along the trail of multi-billion dollar settlements signed off by investment banks retreating from Enron-related fraud allegations, you won’t find Merrill Lynch & Co. Inc. The firm is represented by New York City-based Shearman & Sterling LLP, which has so far steered clear of a costly agreement.

More than $7 billion has been squeezed out of major players like Citigroup Inc., JPMorgan Chase & Co., Canadian Imperial Bank of Commerce and Andersen Worldwide, but that hasn’t been enough to sway Shearman from its course.

The key...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.