Violation Tracker Individual Record

Company: 
Morgan Stanley
Parent Company: 
Morgan Stanley
Penalty: 
$2,600,000,000
Primary Offense: 
toxic securities abuses
Violation Description: 

The Justice Department announced that Morgan Stanley agreed to pay a $2.6 billion penalty to resolve claims related to its marketing, sale and issuance of residential mortgage-backed securities.

Year: 
2016
Date: 
2/11/16
Agency: 
Justice Department multiagency referral
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Source Notes: 
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