Morgan Stanley

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Morgan Stanley (NYSE: MS) resulting from allegations that Morgan Stanley may have issued materially misleading business information to the investing public.

If you purchased Morgan Stanley securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased Morgan Stanley securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On April 11, 2024, during market hours, The Wall Street Journal published an article entitled “Morgan Stanley’s Wealth Arm Probed by Multiple Federal Regulators.” The article stated the Securities and Exchange Commission (“SEC”), the Office of the Comptroller of the Currency, an independent bureau within the United States Department of the Treasury, and other Treasury Department offices, are investigating how Morgan Stanley “vets clients who are at risk of laundering money through the bank’s sprawling wealth-management division.” In addition, the article stated the main issues “boil down to whether Morgan Stanley has been sufficiently investigating the identities of prospective clients and where their wealth comes from, as well as how it monitors its clients’ financial activity. Some of the probes are focused on the bank’s international clients.”

On this news, Morgan Stanley’s stock fell $4.81 per share, or 5.2%, to close at $86.84 per share on April 11, 2024, on unusually heavy trading volume.

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Company Name: Morgan Stanley
Stock Symbol: MS
Class Period: N/A
Court: N/A

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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