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BofA, Goldman, Others Settle Taser Short-Selling Suit

Law360, New York (June 20, 2011, 5:24 PM EDT) -- Shareholders of Taser International Inc. struck a settlement in Georgia on Monday with a host of Wall Street firms that they alleged conspired to short-sell the weapons producer's stock and flood the market with counterfeit shares.

The deal will end the investors' suit against Bank of America Securities LLC, Bear Stearns Securities Corp., Credit Suisse USA Inc., Deutsche Bank Securities Inc., Goldman Sachs Group Inc., Merrill Lynch, Pierce Fenner & Smith Inc., Morgan Stanley & Co. Inc. and UBS Securities LLC. Details on the settlement have...
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