Morgan Stanley to Pay California $150M Over Mortgage Crisis Claims

Morgan Stanley settles trading case

More than a decade after the mortgage crisis blew a hole in the United States economy, banks and prosecutors are still sorting out the tab for the damage. The latest reckoning came on Thursday, when Morgan Stanley agreed to pay $150 million to settle claims by the State of California that it misled investors about… Continue reading Morgan Stanley to Pay California $150M Over Mortgage Crisis Claims