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Morgan Stanley Lacked Inside Edge In 2008 Trade, Jury Told

By Max Stendahl (November 3, 2015, 6:29 PM EST) -- A former Morgan Stanley trader told a New York federal jury on Tuesday that he did not have material, nonpublic information when shorting the stock of an auto parts maker at the height of the 2008 financial crisis, disputing a Russian oligarch's insider trading claims against the bank....

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