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Regulators cited a Meg Whitman meeting in lawsuit against Wall Street firms

May 30, 2010 3:00:00 AM - latimes.com
The SEC said a Morgan Stanley analyst showed Whitman a rosy report of EBay stock — and then released it — to court her business. The bank agreed to a settlement but admitted no wrongdoing.

When the Securities and Exchange Commission accused Wall Street firms of putting investors at risk by issuing rosy reports on the stock of companies the firms were courting for banking business, the regulators cited as part of their case a meeting involving Meg Whitman.

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