Citing Similar Ruling, Judge Substantially Dismisses Claims In Securities Suit

Citing Similar Ruling, Judge Substantially Dismisses Claims In Securities Suit

NEW YORK - Citing her ruling in a similar securities investor lawsuit over losses sustained as part of an investment in a structured investment vehicle (SIV), which was issued on the same day, a federal judge in New York granted in part and denied in part defendants' motion to dismiss certain common-law tort claims in an order made available on May 7 (Abu Dhabi Commercial Bank, et al. v. Morgan Stanley & Co., Inc., et al., No. 08-7508, S.D. N.Y.).  Subscribers may view the order available within the full update.

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