NEW YORK (Reuters) - Merrill Lynch & Co and Morgan Stanley were sued on Tuesday by clients accusing them of deceptively marketing auction rate securities. The two separate lawsuits, filed in U.S.
NEW YORK, April 2 (Reuters) - U.S. municipal auction rate securities, once touted as the next best thing to cash, are now valued all over the map, with some investment bankers even unwilling to give ...
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