Press Room
April 27, 2002
Local Stock Surfaces in Probe
By The Pittsburgh Post-Gazette
Knight-Ridder Tribune Business News
FreeMarkets Inc. was named among the companies
whose securities sales by Merrill Lynch & Co.
have prompted an investigation for violations of
securities laws. The law firm of Klayman and Toskes
yesterday said it was pursuing claims on behalf
of clients who purchased stock, through Merrill
Lynch, in some of the nation's biggest high-technology
firms, such as Amazon.com, DoubleClick and eBay.
The law firm is seeking purchasers of those securities
solely to investigate sales practice violations
of licensed brokers at Merrill.