SAN FRANCISCO, April 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Morgan Stanley (NYSE:MS) investors who suffered substantial losses to submit your losses now.
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Morgan Stanley (MS) Investigation:
On Apr.11, 2024, the price of Morgan Stanley shares fell $4.81, or down over 5%, on unusually heavy volume after the WSJ reported that the SEC, OCC, other Treasury offices, and the Federal Reserve are all probing Morgan Stanley "over how it vets clients who are at risk of laundering money through the bank's sprawling wealth management division."
According to the report, "[t]he main issues regulators are looking at boil down to whether Morgan Stanley has been sufficiently investigating the identities of prospective clients and where their wealth comes ...
business – Hagens Berman>Full story available on Benzinga.com