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LVMH and Morgan Stanley have agreed to end their four-year dispute regarding alleged research bias and conflicts of interest.(FINANCIAL NEWS)(LVMH Moet Hennessy Louis Vuitton S.A., Morgan Stanley Group Inc.)(Brief article)
Cosmetics International, February, 2007
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LVMH and Morgan Stanley have agreed to end their four-year dispute regarding alleged research bias and conflicts of interest. The row concerned accusations of bias from research published by Morgan Stanley between 1999 and 2002 that allegedly favoured Gucci, a client of Morgan Stanley and a rival to LVMH. Both LVMH and Morgan Stanley claim normal business relations will now resume.
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