Mark & Associates, P.C. Files Arbitration on Behalf of Bear Stearns Shareholder
Thursday, May 08, 2008
Mark & Associates, P.C. announces that, along with its co-counsel, it has filed an arbitration request with the Financial Industry Regulation Authority "FINRA" (FINRA Dispute Number 08-01137) on behalf of a Bear Stearns shareholder which names The Bear Stearns Companies, Inc. (NYSE: BSC) and its Chief Executive Officer Alan Schwartz as respondents. The Claimant's Statement of Claim alleges that the Claimant suffered significant financial losses when Bear Stearns' stock precipitously declined, which was the result of the respondents breaching their fiduciary responsibility, omitting material facts, and issuing false and misleading statements. Mark & Associates, P.C. anticipates filing additional arbitrations in…Continue » Posted in Corporate Fraud • Bear Stearns Investors