Analyst Court Battle: Morgan Stanley Plans To Countersue LVMH.(LVMH Moet Hennessy Louis Vuitton)

From: WWD | Date: January 22, 2003 | Copyright information

Byline: Miles Socha PARIS - It's getting ugly already.

The commercial court here said Tuesday that Morgan Stanley has until March 3 to officially respond to a string of charges in the $100 million bias and conflict of interest suit lodged by LVMH Moet Hennessy Louis Vuitton.

But Morgan Stanley wasted no time lashing back, saying Tuesday it plans to launch a counter claim against LVMH for damage done by the proceedings.

In a statement, the investmen...