November 12, 2014
Morgan Stanley & Co. LLC has reached a settlement with a putative class of investors suing over $139 million in allegedly defective mortgage-backed securities, it told a New York federal judge, and expects to hand in the deal on Friday.
December 13, 2011
A federal judge in New York barred Morgan Stanley & Co. Inc. on Monday from bumping a $155 million investor fraud suit to Singapore and denied it a chance to convince an appeals court to dismiss class action claims that it rigged mortgage-backed investments to fail.
December 06, 2011
Morgan Stanley & Co. Inc. on Monday denied fraud allegations lodged by 18 Singaporean investors who accused the financial services giant of taking unfair bets against mortgage-backed security investments, purportedly resulting in a $154.7 million loss.
November 03, 2011
A New York federal judge on Monday denied Morgan Stanley & Co. Inc.'s motion to dismiss a putative class action by Singaporean and other Asian investors in nearly $155 million of credit-linked notes who say Morgan Stanley designed the notes to fail.