{"id":7675,"date":"2008-05-09T00:00:00","date_gmt":"2008-05-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bear-stearns-says-new-suit-seeks-to-block-merger","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2008\/bear-stearns-says-new-suit-seeks-to-block-merger.html","title":{"rendered":"Bear Stearns says new suit seeks to block merger"},"content":{"rendered":"<p>Reuters &#8211; Bear Stearns Cos Inc disclosed on Thursday that some shareholders want a federal judge to block the troubled investment bank&#8217;s impending takeover by JPMorgan Chase &amp; Co.       <\/p>\n<p>According to a filing with the Securities and Exchange Commission, Cohen v. The Bear Stearns Coswas filed in Manhattan Federal Court. Plaintiffs seek permission to file a motion that would stop the merger.<\/p>\n<p>This suit is separate from a shareholder lawsuit filed in New York State court that also wanted to stop the controversial bank merger.<\/p>\n<p>On Wednesday, the state suit plaintiffs withdrew a motion to prevent JPMorgan from voting a large block of shares it acquired on April 8 during the May 29 special shareholder meeting.<\/p>\n<p><a href=\"http:\/\/in.reuters.com\/article\/innovationNews\/idINN0839923220080508\" target=\"_self\">Read Complete Article<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Bear Stearns Cos Inc disclosed on Thursday that some shareholders want a federal judge to block the troubled investment bank&#8217;s impending takeover by JPMorgan Chase &amp; Co. According to a filing with the Securities and Exchange Commission, Cohen [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7675","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7675"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7675\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}