Morgan Stanley Settles Price-Fixing Scandal That Cost Consumers $300 Million For Just $4.8 Million

Morgan Stanley Settles Price-Fixing Scandal That Cost Consumers $300 Million For Just $4.8 Million: Morgan Stanley will pay $4.8 million and admit no wrongdoing as part of a settlement with the federal government over allegations that it helped KeySpan, an electricity generating company, fix prices against New York consumers. A federal judge “begrudgingly” approved the deal Tuesday, overruling claims from consumer advocacy groups that the government was letting Morgan [...]/p