Stratte-McClure v. Morgan Stanley

BVLaw
Full Text of Court Cases
April 4, 2011
securities litigation

Stratte-McClure v. Morgan Stanley
2011 WL 1362100 (S.D.N.Y.)
US
State Court
New York
United States District Court
Batts

Summary

Court finds that Morgan Stanley failed to disclose its subprime exposure and losses, but dismisses complaint for lack of adequate allegations of loss causation, with leave to file amended claims.
Stratte-McClure v. Morgan Stanley
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See Also

Securities Plaintiffs Need Expert to Prove FAS 157 Impairment Claims

Court finds that Morgan Stanley failed to disclose its subprime exposure and losses but dismisses complaint for lack of adequate allegations of loss causation, with leave to file amended claims.