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Morgan Stanley Sued for $750 Million by Private Equity Firms Claiming Fraud

Yahoo! Finance
(Bloomberg) -- Morgan Stanley was sued for at least $750 million by private equity firms who claimed they were defrauded in a deal to invest in a credit agreement for a luxury high-speed rail line.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrillion-Dollar Industry Powering Chicago at Risk of LeavingUS Seeks Help Finding Missing $
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