Five more banks, including Morgan Stanley, have reached settlements totaling $111.2 million with investors in the wide-ranging suit. Read more
The SEC issued an order finding that Morgan Stanley failed to adopt written policies and procedures reasonably designed to protect customer data. Read more
Morgan Stanley said it earned $6.2 billion, or $2.96 a share, from continuing operations in 2014. Read more
Several major banks are trying to keep their practice of paying executives for entering government work on “lock down.” However, the payment of multimillion dollar awards no longer remains h... Read more
A New York federal judge signed off last month on a proposed $95 million agreement to settle and end a putative class action alleging Morgan Stanley & Co. misled institutional investors... Read more
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 securi... Read more
Morgan Stanley & Co. has agreed to pay $4.2 million to settle a collective action accusing the financial services company of failing to provide overtime pay to client services associates... Read more
Merrill Lynch has filed suit against five employees of rival Morgan Stanley in a Birmingham federal court. This came after the defection of these financial advisers from Merrill Lynch who re... Read more
We wrote last month on an issue that was quite timely because of Memorial Day. It was an issue involving very bad treatment of the military by mortgage companies. Two mortgage servicing comp... Read more
Morgan Stanley has settled with Massachusetts in a subprime lending case. The investment bank agreed to a $102 million settlement following an investigation into subprime mortgage lending. S... Read more
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