Ex-Muni Staffers Sue CSFB For Lack Of Closing Notice
MANAGEMENT AND STRATEGY
CS First Boston Corp.'s recent spate of layoffs has not been without its legal reverberations. Following their abrupt termination in mid-February, two former members of the firm's municipal securities trading division led the filing of a class action lawsuit in federal court against the firm. The two executives were among some 125 staff let go Feb. 13 when First Boston announced it was withdrawing from the muni securities market and dissolving the division. It could not be determined at press
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