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To: TobagoJack who wrote (22344)9/22/2007 7:48:47 PM
From: Snowshoe  Read Replies (2) of 217577
 
>>Last Portfolio Standing Financial Death Match<<

UK investors to battle Bear Stearns
money.guardian.co.uk

James Doran in New York
Sunday September 23, 2007
The Observer

A group of angry millionaires from London is to join those already seeking a $100m-plus settlement from Bear Stearns amid claims that hedge-fund managers working for the banking group gave misleading advice about their investments.

In the next week, at least eight London-based investors are expected to join a legal action against Bear Stearns, launched by Wall Street lawyer Jake Zamansky, following the collapse of two $1bn-plus hedge funds run by the investment bank. Other Britons and several British institutions have been contacted by the New York lawyer and could also become involved in the coming weeks.
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