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Morgan Stanley Can't Duck Suit Over $2.4B Plan Loss

By Daniel Wilson (April 29, 2013, 1:57 PM EDT) -- Morgan Stanley on Friday failed to escape a putative class action accusing it of mismanaging the investments of the retirement fund for timber company Weyerhaeuser Co., which led to a nearly $2.4 billion loss during the 2008 financial crisis, after a Washington federal judge found the plaintiffs had backed their claim with adequate evidence....

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