April 29, 2013
Morgan Stanley & Co. Inc., Moody's Investors Service and Standard & Poor's Rating Services are paying $225 million to settle two long-running class actions alleging they misled investors about structured investment vehicles that contained risky mortgage-backed securities, according to a Monday report.
April 26, 2013
Morgan Stanley & Co. Inc., Moody's Investors Service and Standard & Poor's Rating Services settled claims Friday in two long-running class actions alleging they misled investors about structured investment vehicles that contained risky mortgage-backed securities.
March 18, 2013
Credit ratings agency Fitch Ratings Inc. on Monday settled a long-running shareholder class action over the collapse of a structured investment vehicle that may have held more than $1 billion in toxic mortgage-backed securities.
January 04, 2013
A New York federal judge on Thursday declined to toss Morgan Stanley & Co. Inc. and several credit ratings agencies from a long-running investor suit over the collapse of a structured investment vehicle that purportedly held more than $1 billion in toxic mortgage-backed securities.
September 11, 2012
A New York federal judge on Tuesday said she may dismiss negligent misrepresentation claims against Morgan Stanley & Co. Inc. and other rating agencies in a shareholder suit over the collapse of structured investment vehicles, citing the recent Second Circuit decision in Anschutz Corp. v. Merrill Lynch & Co.
June 07, 2012
A New York federal judge on Thursday preserved shareholders' negligent misrepresentation claims against Morgan Stanley & Co. Inc. and several ratings agencies in a suit over the collapse of structured investment vehicles, ruling opinions are sufficient cause for legal action under New York state law.
May 07, 2012
A New York federal judge on Friday slimmed down two shareholder lawsuits against Moody's Investors Service Inc. and Standard & Poor's Ratings Services over the collapse of structured investment vehicles, allowing only their claims of negligent misrepresentation to remain intact.
January 20, 2011
A federal judge has dismissed two former top-ranking executives at IKB Deutsche Industriebank AG and IKB Credit Asset Management from a proposed securities class action over the collapse of structured investment vehicle Rhinebridge.