Bear Stearns Workers Fight Consolidation Of Suits

Law360, New York (January 21, 2009, 12:00 AM EST) -- Lawyers for a class of current and former Bear Stearns Cos. Inc. employees are fighting the order consolidating their suit with other securities actions against the collapsed investment giant, saying lead plaintiff Michigan can't represent the class' interests since the state didn't participate in the bank's equity plans.

On Tuesday, in the U.S. District Court for the Southern District of New York, the lawyers for Gilles Bransbourg, who represents the class, objected to Judge Robert W. Sweet's consolidation of the cases and his appointment of the...
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