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

 

View all (731) posts »
 

California AG Sues Morgan Stanley Over Complex Investments

Posted By Administration, Monday, April 04, 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

10/4/2016
Everything You Need to Know About Preliminary Declarations of Disclosure But Were Afraid to Ask

10/6/2016
Legal Issues in Open Source Software

10/11/2016
SOC's: New Courthouse and Settlement Officer

Recent Recognitions
Hon. Stephen V. ManleyOutstanding Jurist 2015
Hon. Sallie KimUnsung Heroes, 2015

Membership Software Powered by YourMembership.com®  ::  Legal