Morgan Stanley sued for $750M by private equity firms claiming fraud
The disputed deal involved a loan to Miami-based Brightline Holdings, which is developing a high-speed rail line between Los Angeles and Las Vegas.
Morgan Stanley was sued for at least $750 million by private equity firms that claim they were defrauded in a deal to invest in a credit agreement for a luxury high-speed rail line.
Certares Management and Knighthead Capital Management filed suit Monday in New York state court, alleging that Morg
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