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Four investment banks on Friday became the latest to settle claims stemming from a class action lawsuit brought by former shareholders of WorldCom Inc. New York state's comptroller said he had reached an agreement with Lehman Brothers Inc. of New York for $62.7 million. Three other investment banks -- Credit Suisse First Boston, a unit of the Zurich-based Credit Suisse Group; Goldman, Sachs & Co. of New York, and UBS Warburg LLC of Stamford, Conn. -- each agreed to pay $12.54 million.
March 07, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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