September 09, 2014
A New York federal judge on Tuesday refused to reconsider a ruling that holders of unexercised Bear Stearns Cos. Inc. employee stock options are excluded from a $295 million settlement of sprawling securities litigation against the failed investment bank, saying the court didn't overlook controlling decisions or facts.
February 05, 2014
A New York federal judge on Wednesday threw out a $200 million lawsuit brought against The Bear Stearns Cos. LLC and Deloitte & Touche LLP by a hedge fund that accused them of fraudulently overstating the value of Bear's mortgages and other assets leading up to its near-collapse.
November 09, 2012
A New York federal judge gave his blessing Friday to a $295 million settlement in multidistrict litigation over Bear Stearns Cos. Inc.'s alleged misrepresentations about its exposure to the subprime housing market before its collapse, overruling some investors who said the settlement was far too small.
September 19, 2012
A group of Bear Stearns Cos. Inc. shareholders on Wednesday pilloried the investment firm's recent $275 million settlement in multidistrict litigation over its collapse, telling a New York federal judge the deal paled in comparison to billions in investor losses.
June 11, 2012
Deloitte & Touche LLP agreed Monday to pay $19.9 million to settle claims by The Bear Stearns Cos. investors who had accused the investment bank's former auditor of misleading investors about the bank's financial health in the years leading up to its collapse.
June 06, 2012
The State of Michigan Retirement Systems has reached a $275 million settlement with The Bear Stearns Cos. Inc. in multidistrict securities litigation stemming from the investment giant's collapse, according to court documents filed Wednesday.
March 21, 2012
A putative class of former Bear Stearns Cos. Inc. workers on Tuesday reached a $10 million settlement with JP Morgan Chase & Co., which bought Bear Stearns in 2008, over allegations that the defunct investment bank's retirement plan invested in the mortgage-related securities that doomed the company.
November 21, 2011
Bear Stearns Cos. Inc. on Thursday settled a putative class action lodged by former employees who say the failed financial services firm frittered away their pensions by keeping up the retirement plan's investments in the doomed mortgage-related securities that led to the company's downfall.