Abu Dhabi Commercial Bank et al v. Morgan Stanley & Co. Incorporated et al
Case Number:
1:08-cv-07508
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Boies Schiller
- Cahill Gordon
- Davis Polk
- Gibson Dunn
- Leech Tishman
- Mizrahi Kroub
- Pomerantz LLP
- Robbins Geller
- Satterlee Stephens
- Schlichter Bogard
- Willkie Farr
Companies
- Abu Dhabi Commercial Bank
- Bank Hapoalim BM
- Commerzbank
- Morgan Stanley
- SEI Investments Co.
- S&P Global Inc.
- The Bank of New York Mellon Corp.
Sectors & Industries:
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April 29, 2013
Morgan Stanley, Ratings Cos. Agree To Pay $225M In SIV Row
Morgan Stanley & Co. Inc., Moody's Investors Service and Standard & Poor's Rating Services are paying $225 million to settle two long-running class actions alleging they misled investors about structured investment vehicles that contained risky mortgage-backed securities, according to a Monday report.
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April 26, 2013
Morgan Stanley, Ratings Cos. Settle Long-Running SIV Suits
Morgan Stanley & Co. Inc., Moody's Investors Service and Standard & Poor's Rating Services settled claims Friday in two long-running class actions alleging they misled investors about structured investment vehicles that contained risky mortgage-backed securities.
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November 07, 2012
Judge Revives Claims Over Failed $9B Morgan Stanley SIV
A New York federal judge said Wednesday she would reconsider fraud claims brought by SEI Investment Strategies and Bank of N.T. Butterfield & Son against Morgan Stanley over a failed $9 billion structured investment vehicle, saying she overlooked evidence giving them a right to sue.
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October 05, 2012
Morgan Stanley Can't Dodge Investors' Claims Over $9B SIV
A New York federal judge on Friday refused to dismiss a putative class of investors' negligent misrepresentation claims against Morgan Stanley & Co. in a suit against the investment bank and two rating agencies over the collapse of a $9 billion structured investment vehicle.
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September 20, 2012
Rating Agencies Dodge Claims In $9B Investor Suit
A putative class of investors suing Morgan Stanley & Co. Inc. and two rating agencies over the collapse of a $9 billion structured investment vehicle have agreed to drop negligent misrepresentation claims against the agencies in light of a recent Second Circuit ruling, a New York federal judge said Wednesday.
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May 07, 2012
Ratings Agencies Get SIV Suits Pared Down
A New York federal judge on Friday slimmed down two shareholder lawsuits against Moody's Investors Service Inc. and Standard & Poor's Ratings Services over the collapse of structured investment vehicles, allowing only their claims of negligent misrepresentation to remain intact.
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August 19, 2011
Moody's Execs Dodge Deposition In Securities Fraud Case
A New York federal judge ruled Thursday that two high-level Moody's Investors Service Inc. executives did not have to be deposed in a fraud suit over massive losses in subprime securities issued by Morgan Stanley & Co., after a magistrate recommended the decision last week.
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August 15, 2011
Moody's Execs May Dodge Testifying In Subprime Suit
A special master overseeing discovery in a proposed class action in New York over massive losses in subprime securities issued by Morgan Stanley & Co. said Friday that investors should be barred from deposing two high-level Moody's Investors Service Inc. executives.
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April 27, 2011
Morgan Stanley Told To Share More Data In Subprime Suit
A New York federal judge on Monday ordered Morgan Stanley & Co. Inc. to turn over more electronic data related to subprime notes that investors say were given artificially high marks by the bank and two ratings agencies.
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April 05, 2011
Special Master Pinches Rating Agency Suit Discovery
The special master supervising a New York suit alleging Morgan Stanley and two ratings agencies deceived institutional investors about billions of dollars in lousy subprime notes on Tuesday recommended limiting depositions and additional discovery in the case.