(Reuters) - According to CNBC, the lawsuit will allege Bear Stearns made material misrepresentations in offering documents, misrepresented risks of the hedge funds in those documents, and misrepresented its ability to control those risks.
Officials at Bear Stearns and Bernstein Litowitz did not immediately return requests for comment.
Read more at Reuters.com Bonds News
Officials at Bear Stearns and Bernstein Litowitz did not immediately return requests for comment.
Read more at Reuters.com Bonds News
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