Morgan Stanley Defeats Russian Tycoon’s Short-Selling Claims

Updated on
  • Deripaska's company loses trial in New York federal court
  • Morgan Stanley told jurors its share sale was by the book

Morgan Stanley defeated claims by Russian tycoon Oleg Deripaska that it used inside information about his failing $1.5 billion investment in an auto-parts maker to illegally profit from its own short selling.

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