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Morgan Stanley Can't Shake MetLife's $757M RMBS Suit

By Jeff Sistrunk (July 16, 2013, 7:56 PM EDT) -- A New York state judge has ruled that Morgan Stanley must face claims it misrepresented the quality of over $757 million of residential mortgage-backed securities it sold to Metropolitan Life Insurance Co., saying MetLife adequately pleaded that the investment bank knew about false statements and omissions in its RMBS offering documents. ...

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