Grizzly Bears: Bear lawsuits

It’s not hard to see why some Bear Stearns shareholders might feel aggrieved, even considering JPMorgan’s new $10 a share price for the investment bank. A few weeks ago, they could have collected $70 a share by selling on the open market. Add the fact that their vote on the deal is now a bit of a sham, and shareholders may scream bloody murder. But what could they do? Plenty may end up grudgingly accepting the deal, believing that it’s the only realistic alternative. Others may head to the cour...