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Morgan Stanley stock investors were on public notice about possible analyst conflicts at the investment bank and have no right to sue over a drop in the stock price, a federal judge in New York has ruled. In dismissing Shah v. Morgan Stanley , Southern District Judge Richard J. Holwell held that numerous publications had detailed alleged conflicts by stock analysts and that purchasers of the bank's stock cannot claim damages for a problem of which they should have been aware.
October 22, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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