Prudential Sues Morgan Stanley For $1 Billion

Newark, NJ-Prudential Financial Inc. (PRU) has sued Morgan Stanley and claims the financial giant engaged in common law fraud, negligent misrepresentation and interfered with the insures’ contractual rights in the sale of RMBS for $1 billion.

The case is Prudential v. Morgan Stanley, L-3080-12, Superior Court of New Jersey, Essex County (Newark).

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Essex County Attorney

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Posted on May 10, 2012, in News and tagged , , , . Bookmark the permalink. Comments Off on Prudential Sues Morgan Stanley For $1 Billion.

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