Twenty three investor lawsuits were filed against the world's largest securities firm for allegedly issuing misleading research on Internet companies. Technology analysts issued reports urging investors to buy shares of Internet companies such as 24/7 Real Media Inc. and Interliant Inc. Merrill Lynch has agreed to pay $164 million to settle the 23 lawsuits. Two class action lawsuits remain active against the firm. (Feb-17-06)
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