Print Page   |   Contact Us   |   Sign In   |   Join Us
Site Search
Legal Flash
Blog Home All Blogs
Search all posts for:   

 

View all (826) posts »
 

California AG Sues Morgan Stanley Over Complex Investments

Posted By Administration, Monday, April 4, 2016

Attorney General Kamala D. Harris has filed a lawsuit against investment bank Morgan Stanley for misrepresentations of complex investments.

The investments included residential mortgage-backed securities, in which large pools of home loans were packaged together and sold to investors.

Harris says the misrepresentations contributed to the global financial crisis and to major losses by investors including California's public pension funds, which are responsible for the retirement security of state peace officers, firefighters, teachers and other public employees.

This post has not been tagged.

Share |
Permalink | Comments (0)
 
more Calendar

6/28/2017
Rent Control, Just Cause Evictions and Fair Housing

8/30/2017
Getting to Yes: How to Get the Judge to Say Yes to Your Motion

10/6/2017
[2 in 1] Business Income Available for Support & Evidence Hot Topics

Recent Recognitions
Richard KondaProfessional Lawyer of the Year 2015
Hon. Erica R. Yew2016 Jurist of the Year

Membership Software Powered by YourMembership  ::  Legal