Morgan Stanley Found Negligent, Ordered To Pay $843,000 To Senior Victim
Morgan Stanley faces a hefty penalty after an arbitration panel found the firm negligent in protecting an elderly client from financial fraud. The panel ordered Morgan Stanley to pay $843,000 to Marjorie Kessler, a 75-year-old widow from Florida, who lost $1.75 million to scammers in 2023. The case highlights a growing concern about elder financial […]
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