Business Services Industry
A faw firm representing investors of Aether Systems Inc. has filed a class action suit against Merrill Lynch & Co., as well as its former Internet research analyst and its research analyst, charging them with issuing false and misleading research reports about Aether. (Packets).(Brief Article)
Wireless Week, May, 2002
* A Law firm representing investors of Aether Systems Inc. has filed a class action suit against Merrill Lynch & Co., as well as its former Internet research analyst and its research analyst, charging them with issuing false and misleading research reports about Aether. The case contends the defendants issued positive ratings and coverage on Aether because of Merrill Lynch's investment banking relationship with the company.
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