Judge dismisses lawsuits over Morgan Stanley retirement plans

Plan participants contended that Morgan Stanley officials knew the risks of owning its stock were growing, citing $9.4 billion of mortgage securities-related writedowns in 2007, and increased market volatility that led to Bear Stearns Cos' demise and Lehman Brothers Holdings Inc's bankruptcy the next year.



http://au.news.yahoo.com/thewest/business/a/-/world/16472528/judge-dismisses-lawsuits-over-morgan-stanley-retirement-plans/