December 22, 2014
A New York federal judge on Friday signed off on a proposed $95 million deal to end a putative class action alleging Morgan Stanley & Co. misled institutional investors about shoddy subprime mortgage-backed securities, including about $17.2 million in attorneys' fees and expenses.
September 09, 2014
Morgan Stanley & Co. has agreed to pay $95 million to end a putative class action in New York federal court alleging it misled institutional investors about shoddy mortgage-backed securities, according to court filings on Monday.
May 28, 2014
A New York federal judge on Tuesday dismissed a set of claims brought against Morgan Stanley & Co. in a putative class action alleging the bank misled institutional investors by selling shoddy mortgage-backed securities, finding those claims were time-barred by a statute of repose.
September 15, 2011
A New York federal judge on Thursday tentatively dismissed a putative class action against Morgan Stanley & Co. over mortgage-backed securities, finding the plaintiffs hadn't proven the bank was obligated to disclose flaws in its products' investment ratings.