Appeals Court Revives RMBS Claims Against Morgan Stanley

By Brandon Lowrey (August 11, 2016, 8:49 PM EDT) -- A New York appellate court on Thursday revived breach-of-contract and negligence claims brought against financial giant Morgan Stanley by a trust over nearly $111 million in losses suffered by investors in residential mortgage-backed securities, saying a lower court erred in throwing out the allegations at the pleadings stage....

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