Grubman Quits As Salomon Analyst
Grubman Is Under Federal Investigation. Salomon Smith Barney stock analyst Jack Grubman, under federal investigation for touting telecommunications companies that were also lucrative clients of his firm, resigned today expressing "deep regret" for failing to predict a meltdown that cost investors billions. Grubman, among … [Read more...] about Grubman Quits As Salomon Analyst
WorldCom Analyst May Face Discipline
WorldCom Analyst Is Under Dire. Securities analyst Jack Grubman, under fire for promoting WorldCom stock while his investment firm did business for the company, is being targeted for enforcement action by a brokers' self-policing group for his bullish advice on another bankrupt telecom company. The disciplinary arm of the National … [Read more...] about WorldCom Analyst May Face Discipline
Lawsuit Accuses Brokerage, Analyst Of Cheating Amazon, eBay Investors
Brokerage, Analyst Defrauding Investors. Morgan Stanley Dean Witter & Co. and analyst Mary Meeker were accused in two lawsuits yesterday of defrauding investors in Internet auctioneer eBay Inc. and online retailer Amazon. com Inc. In complaints filed yesterday in Manhattan federal court, investors charge that Meeker … [Read more...] about Lawsuit Accuses Brokerage, Analyst Of Cheating Amazon, eBay Investors
