Investor soaked on WorldCom stock, sues NASDAQ

“Steven Weissman is suing Nasdaq because, he alleges, ‘advertisements by Nasdaq influenced his decision to purchase more than $600,000 of stock in WorldCom Inc.’” Bruce Carton of Securities Litigation Watch pages us (Sept. 7) and Prof. Bainbridge is “left speechless” at the suit’s presumption (Sept. 7).

“Steven Weissman is suing Nasdaq because, he alleges, ‘advertisements by Nasdaq influenced his decision to purchase more than $600,000 of stock in WorldCom Inc.'” Bruce Carton of Securities Litigation Watch pages us (Sept. 7) and Prof. Bainbridge is “left speechless” at the suit’s presumption (Sept. 7).

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