Morgan Stanley Paid New Jersey Widow Over Puerto Rico Losses

  • Finra awarded investor $95,632 in compensation on island debt
  • Case may be first of its kind for commonwealth bond losses

Morgan Stanley paid a New Jersey widow $95,632 to compensate for her losses on Puerto Rico securities, in what may be the first case of its kind involving mainland investors and commonwealth debt.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.