The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Faruqi & Faruqi, LLP is Investigating Morgan Stanley on Behalf of its Shareholders - MS

Thursday, July 12, 2012

Faruqi & Faruqi, LLP is Investigating Morgan Stanley on Behalf of its Shareholders - MS19:00 EDT Thursday, July 12, 2012NEW YORK, July 12, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and the enforcement of federal antitrust laws, is investigating potential wrongdoing at Morgan Stanley ("Morgan Stanley" or the "Company") (NYSE: MS).  The investigation focuses on whether certain officers and directors of Morgan Stanley breached their fiduciary duties in connection with the Company's underwriting of the initial public offering ("IPO") by Facebook, Inc. ("Facebook").      (Logo:  http://photos.prnewswire.com/prnh/20120119/MM38856LOGO )The Company's handling of the Facebook IPO has been severely criticized by many independent analysts and commentators, as well as many of the Company's retail investor clients.  Serious questions have been raised as to whether the Company followed proper procedures in communicating information about Facebook to potential investors.  Request more information now by clicking here: www.faruqilaw.com/MS.Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action and derivative litigation.  The firm is focused on providing exemplary legal services in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.If you currently hold Morgan Stanley shares and you would like to discuss your legal rights, visit www.faruqilaw.com/MS.  You can also contact us by calling Beth Keller toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to bkeller@faruqilaw.com. Contact:Faruqi & Faruqi, LLPBeth A. Keller, Esq.369 Lexington Avenue, 10th FloorNew York, NY 10017Telephone: (877) 247-4292 or (212) 983-9330E-mail: bkeller@faruqilaw.com(NYSE: MS)Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential manner.SOURCE Faruqi & Faruqi, LLP