Thursday, February 1, 2007
Banks in Enron Case That Didn't Settle Ask Court to End Suit
Bloomberg, Jef Feeley, 2 Febraury 2007Merrill Lynch & Co. and Credit Suisse Group, sued by Enron Corp. investors, will ask an appeals court to end a class action after other defendants paid more than $7 billion to settle the securities-fraud litigation.The 5th U.S. Circuit Court of Appeals in New Orleans is set to hear arguments Feb. 5 on whether Enron investors can continue pressing their claims
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