Morgan Stanley to pay $150 mln to settle California mortgage securities charges [Reuters (UK)]
Morgan Stanley (MS)
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Source: Reuters
Morgan Stanley to pay $150 million to settle California mortgage securities charges - Reuters 1 Min Read (Reuters) - Morgan Stanley will pay $150 million to settle charges it concealed the risk of mortgage-backed securities that were sold to two large California pension funds, the state’s attorney general Xavier Becerra announced on Thursday. The California Public Employees’ Retirement System (CalPERS) will receive $122 million from the settlement, while the California State Teachers Retirement System (CalSTRS) will receive $8 million. The remainder will go to Becerra’s office. Reporting by Jonathan Stempel in New York; Editing by Marguerita Choy All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved.
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MS
Earnings
- 4/16/24 - Beat
MS
Sec Filings
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- 4/23/24 - Form 424B2
- MS's page on the SEC website