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MS Morgan Stanley

98.25
0.14 (0.14%)
11 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Morgan Stanley NYSE:MS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.14 0.14% 98.25 98.99 97.625 98.74 6,118,427 01:00:00

Morgan Stanley Close to $200 Million to $300 Million Deal to Settle Trading Investigation, Bloomberg Reports

11/01/2024 6:19pm

Dow Jones News


Morgan Stanley (NYSE:MS)
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From Nov 2023 to May 2024

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--Morgan Stanley is close to a deal to pay $200 million to $300 million to resolve an investigation into the handling of market-moving stock sales, Bloomberg reports, citing people with knowledge of the situation.

--The deal is with the Justice Department and the U.S. Securities and Exchange Commission and could be announced in the coming days.

--The penalty will be divided between the Justice Department and the SEC and will not include criminal charges, the people said.

--The DOJ, SEC and Morgan Stanley declined to comment to Bloomberg.

 

Full article at https://www.bloomberg.com/news/articles/2024-01-11/morgan-stanley-ms-to-pay-under-300-million-to-settle-trading-probe?srnd=premium

 

Write to ben.glickman@wsj.com; @benglickman

 

(END) Dow Jones Newswires

January 11, 2024 13:04 ET (18:04 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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