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Analyst Court Battle: Morgan Stanley Plans To Countersue LVMH.(LVMH Moet Hennessy Louis Vuitton)
From:
WWD
| Date:
January 22, 2003
| COPYRIGHT 2003 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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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...