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The Fall Out Over Nasdaq Sale Plan Can Potential Lawsuit and Barbs Derail Demut

Traders Magazine, July 2000

William Hoffman

Nasdaq demutualization opponents may return to the courts before the process is completed, according to Bill Singer, a former counsel to the Independent Broker Dealers Association, the umbrella group for small firms.

"A momentous event like the public offering of Nasdaq stock may coalesce the opposition of a lot of interests," said Singer, a regulatory partner at the New York law firm of Singer Frumento.

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