US giant's 'significant role' in Grasso SEC response draws it into NYSE suit
June 02, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Wachtell Lipton Rosen & Katz has been drawn into the controversy over the $187.5m (£103m) pay package of former New York Stock Exchange (NYSE) boss Richard Grasso.
In a lawsuit filed last week (24 May) by New York Attorney General Eliot Spitzer, both Grasso and former NYSE compensation committee chairman Kenneth Lan-gone are being sued for violations of New York corporation law.
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