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Morgan Stanley loses appeal of $3.3 million award

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The U.S. Court of Appeals affirms an earlier ruling against Morgan Stanley in a case regarding the sale of Puerto Rico bonds

Morgan Stanley last Thursday was dealt one more blow in its effort to overturn a 2019 Finra arbitration panel decision that ordered the firm to pay $3.3 million to investors in a Puerto Rico bond case, most of it because the firm allegedly concealed evidence in a hearing.

Plaintiff's attorneys r

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