SIFMA Backs Morgan Stanley In $111M RMBS Claims Appeal
By Cara Mannion ( February 14, 2017, 4:35 PM EST) -- A securities industry trade group on Monday backed Morgan Stanley by urging the New York State Court of Appeals to reverse a ruling that revived breach-of-contract and negligence claims against the bank in a suit over nearly $111 million in losses suffered by investors in residential mortgage-backed securities....
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