You Have Rights Blog
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…
Free Legal Consultations for Bear Stearns Shareholders Who Suffered Losses of $10k or More
Tuesday, March 25, 2008
Mark & Associates, P.C. is offering free legal consultations to current and former Bear Stearns (NYSE:BSC) shareholders who suffered investment losses of $10,000 or more following the sudden drop in the company's stock price last Friday. Shares of Bear Stearns stock fell sharply on Friday after the company announced it was the recipient of a financial bailout from JPMorgan Chase Co. (NYSE:JPM) in a transaction that was brokered by the Federal Reserve. Bear Stearns subsequently stunned shareholders by announcing it had agreed to be acquired by JPMorgan Chase Co. (NYSE:JPM) for just $2.00 per share. Current and former Bear Stearns…
Bear Stearns Shareholders Have Legal Options
Thursday, March 20, 2008
Not since the demise of Enron have investors in a blue chip stock seen their equity reduced so dramatically. Investors in speculative industries like biotechnology and alternative energy might be accustomed to this type of share price volatility, but investors in financial and oil services companies are not. While the precipitous declines in shareholder equity of Enron and Bear Stearns were similar, there are some very important differences which may help Bear Stearns shareholders recover some of their losses. First of all, it is important to say that while the actions of Bear Stearns executives appear troubling, they have not…
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