Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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An ex-New York Stock Exchange seat holder is suing the exchange and chief executive John Thain, asserting she never would have sold her seat if Thain had not allegedly hidden the existence of the pending NYSE/Archipelago Holdings merger. Allison Wey sold her seat in March for $1.54 million but claims that less than two months later the seat would have been worth at least a million dollars more. The suit follows on the heels of other recent actions against the NYSE by longtime seatholders.
July 14, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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