AIMR believe LVMH case is bad news for researchers

The Association for Investment Management and Research (AIMR) has said the outcome of the lawsuit by LVMH against Morgan Stanley in France will have a "chilling effect" on investment research.

AIMR believe LVMH case is bad news for researchers
Fri, 16 Jan, 2004 - 14:26

The Association for Investment Management and Research (AIMR) has said the outcome of the lawsuit by LVMH against Morgan Stanley in France will have a "chilling effect" on investment research.

Earlier this week the Paris Commercial Court ordered Morgan Stanley to pay Luxury group LVMH €30m in damages as a result of the broker's research.

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CourtsBusinessHeathrowPlace: FranceOrganisation: AIMROrganisation: LVMHOrganisation: Association for Investment Management and ResearchOrganisation: Morgan StanleyOrganisation: Paris commercial court
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