“A federal judge has dismissed all eight claims filed against Morgan Stanley and stock analyst Mary Meeker in a closely followed case that accused Ms. Meeker of issuing overly optimistic stock calls during the technology-stock bull market,” writes Pamela Tate in today’s Wall Street Journal.

“The financial-services firm said in a statement that U.S. District Judge Milton Pollack also determined that the lawsuits can’t be refiled.”

“Fred Isquith, an attorney for some of the plaintiffs at Wolf Haldenstein Adler Freeman & Herz LLP, said the plaintiffs decided against refiling an amended complaint against Morgan Stanley and Ms. Meeker. In their decision to back off, Mr. Isquith said, the plaintiffs and their counsel took into consideration Judge Pollack’s initial unfavorable opinion and the ‘vast body’ of continuing litigation in the securities industry related to broker dealings with initial public offerings of stock.”

“Shareholders of Amazon.com Inc. and eBay Inc. had sued Morgan Stanley and Ms. Meeker on Aug. 1, accusing the analyst of issuing overly positive calls on the companies’ stocks to generate investment-banking fees for her firm and benefit her own salary.”

“According to Morgan Stanley, Judge Pollack said the suits contained pleading improprieties, which the judge had previously described as ‘gross and unrestrained.’ In late August, Judge Pollack dismissed several of the lawsuits against Morgan Stanley and Ms. Meeker, calling the claims an example of ‘abusive litigation,’ but gave the plaintiffs 30 days to file an amended complaint.”

“Commenting on the dismissal, Mayree Clark, global head of research for Morgan Stanley, said, ‘We are gratified, but not surprised, by this decision. We’ve said consistently that these complaints were publicity stunts masquerading as lawsuits. Our research is thorough and objective and Mary Meeker’s integrity is beyond reproach.’ “