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Bear Stearns Fights Reed Smith Dismissal Bid In $500M Suit

By Emma Cueto ( April 26, 2019, 7:31 PM EDT) -- Two now-defunct Bear Stearns investment funds fought back against a bid to dismiss their $500 million malpractice suit against Reed Smith LLP, saying the firm had failed to poke holes in claims that it bungled Bear Stearns' underlying suit accusing ratings agencies of overvaluing residential mortgage-backed securities....

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