Recent events
Recent events tied to this brand in public sources.
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2021
Morgan Stanley provides $100 million in financing for Lafayette Square launch
Lafayette Square announced its launch as an impact-driven investment platform and said Morgan Stanley had provided $100 million in financing to launch it.
2020
Tesla announces a $5 billion capital raise
Tesla unveiled a $5 billion capital raise, its second such move in three months. Ten major banks will conduct the sale; the company gave no timeline for completion.
2020
Kodiak Sciences announces public stock offering
Kodiak Sciences announced the pricing of an underwritten public offering of 5,193,237 common shares at $108 per share, with gross proceeds expected to be approximately $560.9 million. The offering was expected to close on or about November 20, 2020, subject to customary closing conditions.
2020
SEC fines Morgan Stanley $5 million for short-sale violations
The Securities and Exchange Commission fined Morgan Stanley $5 million for violations of Regulation SHO, the agency’s regulations governing short sales.
2020
Plug Power prices public stock offering
Plug Power announced the pricing of an offering of 30,675,000 common shares at $10.25 per share; the offering was expected to close on or about August 14, subject to customary closing conditions.
2020
Morgan Stanley sued over missing equipment containing client data
A lawsuit filed in federal court in New York on Wednesday alleged that Morgan Stanley compromised sensitive client information by failing to fully wipe decommissioned computer equipment that later went missing. The plaintiffs said the missing equipment contained information that could be used for identity theft and fraudulent purchases.
2020
Agora completes IPO
Agora completed its IPO on June 30, 2020. After the underwriters exercised the greenshoe option, the offering totaled 20.125 million American depositary shares and raised US$400 million; a concurrent US$110 million private placement brought total financing to US$510 million.
2020
4U Platform launches digital partnership platform
4U Platform announced the launch of its online platform for collaboration between investment companies and wealth management firms; Morgan Stanley, Morningstar and T. Rowe Price adopted it.
2020
Former Morgan Stanley diversity chief sues bank
Marilyn Booker sued Morgan Stanley, alleging racial discrimination and retaliation. The bank rejected the allegations and said it intended to defend itself.
2020
Evofem prices public stock offering
Evofem Biosciences announced the pricing of an underwritten public offering of 28.5 million common shares at $3.50 per share, with expected gross proceeds of approximately $100 million before expenses.
2020
Arena REIT seeks to raise A$50 million
Arena REIT sought to raise $50 million to support the acquisition of further social infrastructure property investments. Morgan Stanley underwrote the deal.
2020
Ten banks sued over alleged corporate bond market price coordination
A class action lawsuit was filed in Manhattan federal court against ten banks, including JPMorgan Chase and Bank of America, alleging that they conspired over nearly 14 years to manipulate prices in the $9.6 trillion corporate bond market. These are allegations in the complaint, not a court finding.
2020
Former advisor sues Morgan Stanley alleging sexist workplace culture
Former Morgan Stanley advisor Kelley McGoldrick sued the firm, alleging a sexist workplace culture and seeking damages and lost wages. Morgan Stanley called the claims “dated” and said it intended to defend the matter vigorously.
2020
China approves Morgan Stanley control of Morgan Stanley Huaxin Securities
China’s securities regulator approved Morgan Stanley as the controlling shareholder of Morgan Stanley Huaxin Securities and raised no objection to its acquisition of a 51% stake.
2020
Morgan Stanley pledges no workforce reduction in 2020
Morgan Stanley CEO James Gorman told employees in a memo on Thursday that the bank would not reduce its workforce in 2020, apart from cases involving performance issues or breaches of its code of conduct.
2020
Morgan Stanley to acquire E-Trade
Morgan Stanley was reported to be preparing to acquire E-Trade Financial Corp. for $13 billion in an all-stock deal. The deal was expected to close in the fourth quarter of 2020.
2020
GumGum announces $22 million Series D funding
GumGum announced a $22 million Series D funding round, with Morgan Stanley, NewView Capital and UpFront participating as investors.
2019
Morgan Stanley announces planned cuts of about 1,500 jobs
Morgan Stanley announced plans to cut about 1,500 jobs globally, including several managing directors. The reported plan primarily targeted technology and operations, with cuts also affecting sales, trading and research management.
2019
French regulator fines Morgan Stanley over bond price manipulation
France’s financial markets regulator fined Morgan Stanley €20 million, saying it manipulated French and Belgian bond prices in June 2015. Morgan Stanley denied manipulating markets, called the fine disproportionate and unreasonable, and said it would appeal.