text: Judge in WorldCom Lawsuit Sides With Plaintiffs on Issue of Due Diligence by Banks The judge in the WorldCom lawsuit ruled that the investment banks that sold billions of dollars in the companys bonds must persuade a jury that they conducted appropriate due diligence before the offering.
inputs: Judge in WorldCom Lawsuit Sides With Plaintiffs on Issue of Due Diligence by Banks The judge in the WorldCom lawsuit ruled that the investment banks that sold billions of dollars in the companys bonds must persuade a jury that they conducted appropriate due diligence before the offering.