One of the nation's largest investment banking and brokerage firms, Bear Stearns & Co. is facing a number of securities and investment fraud charges
. According to reports, in an effort to increase profits, Bear Stearns management supported fraudulent actions committed by a number of its clients, including stock manipulation and illegal trades. Stearns recently agreed to pay fines of $80 million as part of a settlement with the Attorney General of the State of New York.
Stock fraud allegations involving Bear Stearns include the following securities:
If you have been victimized by securities fraud because of Bear Stearns, it may be important to contact an attorney
who can help you protect your legal rights. Please keep in mind that there may be time limits
within which you must commence suit.
- Securities & Investment Fraud