| BUSINESSWEEK ONLINE : MARCH 5, 2001 ISSUE | |||||
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| FINANCE
Making Wall Street Pay PLAINTIFF/DEFENDANT COMPLAINT
INVESTORS Negligence in underwriting $10.6
Goldman Sachs, Merrill Lynch, billion AT&T Wireless IPO.
Salomon Smith Barney
INVESTORS Negligence in underwriting $1.7
Goldman Sachs, Morgan Stanley, billion IPO of Turkish mobile phone
CSFB, Deutsche Bank, UBS operator Turkcell.
INVESTORS Making false and misleading
CSFB statements and other misconduct
in the $132 million VA Linux IPO.
DUKE & CO CUSTOMERS Fraudulent acts of broker-dealer.
Fiserv Correspondent Services District court held clearer Fiserv
liable and confirmed NASD award of
$1.8 million damages.
LOG ON AMERICA Bad advice in arranging financing
CSFB Conflict of interest in advising
Log On to buy $47 million investment
in Nortel Services. Seeks $750 million
damages.
GREENVILLE CASINO Bad advice and fee-gouging in
CSFB merger-related mortgage deal.
Seeks $550 million damages.
Data: BusinessWeek, Securities Class Action Alert, company reports,
Thomson Financial Securities Data Corp.
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