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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Morgan Stanley

WHITE PLAINS, N.Y. - MBIA Insurance claims Morgan Stanley fraudulently induced it to insure $223 million of mortgage-backed securities by misrepresenting the underlying loans, for which MBIA already has paid more than $71 million in claims; it demands damages for fraud and breach of contract, in Westchester County Court.

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