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The cases against Bear Stearns provides an update on more than 20 lawsuits related to the Bear Stearns transaction, including litigation from former participants in the ESOP:

Former employees vs. Bear

A handful of former employees who were investors in the Bear Stearns' Employee Stock Ownership Plan (ESOP) allege that senior Bear executives, among others, breached their fiduciary duties by failing, among other things, to prudently manage the ESOP's investment in Bear stock and inform employees about the risk of that investment.

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