Morgan Stanley Urges New York Judge to Dismiss Singapore Investors' Suit

Bloomberg, 3 Feb 2011Morgan Stanley, accused by a group of Singapore investors of fraudulently wiping out their $154.7 million investment, urged a Manhattan judge to dismiss the lawsuit, arguing New York isn’t an appropriate place for trial.The complaint by 18 Singapore investors, who seek a judge’s permission to sue on behalf of all purchasers of Morgan Stanley’s Pinnacle Notes, alleged the bank