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In a response to that lawsuit, which involved his reports on Winstar Communications, a defunct telecommunications concern, Mr. Grubman's lawyer pointed to an e-mail message that the analyst had written, which said that because of pressure from Salomon bankers, he kept a buy rating on Winstar even as the company floundered.
It purchased patents off of the defunct telecommunications company Nortel in 2011, in a bidding war with Google.
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Given that Mr. Grubman wrote equally rosy reports on dozens of other telecommunications companies, many of which are defunct, yesterday's complaint could be followed by others.
The government could then use the data it picks up in the process to build criminal cases.The biggest outcry from liberal Democrats, though, has been over the grant of immunity to telecommunications companies that helped the government in Mr Bush's now defunct secret wiretapping programme, which the president created without congressional approval.
CORNING INC., Corning, N.Y., the world's largest maker of fiber optic cable for telecommunications networks, said it expected a gain of $13 million from the $20 million sale of its half-share in a defunct television picture-tube venture.
Take telecommunications.
telecommunications operators.
(Both are now defunct).
Nor are his methods defunct.
We declare our society defunct.
"Minamisoma is defunct," she said.
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CEO of Professional Science Editing for Scientists @ prosciediting.com