US law firm expects more investor claims to follow indictment of Bear Stearns managers

New York law firm Klayman & Toskes believes that claims against Bear Stearns - now part of JP Morgan Chase - on behalf of investors in its High-Grade Structured Credit Strategies and High-Grade Structured Credit Strategies Enhanced Leverage funds are likely to increase following the criminal indictment last week of the former managers of the funds, Ralph Cioffi and Matthew Tannin.