WASHINGTON, May 11 (UPI) -- New York's Morgan Stanley & Co. will pay $15 million to settle charges that it was uncooperative with federal investigators.
The big financial house's agreement to pay settles charges that it did not turn over "tens of thousands" of e-mails quickly enough and engaged in other uncooperative actions during Securities and Exchange Commission investigations of the firm from 2000 to 2005, the Washington Post reported Thursday.
Advertisement
Morgan Stanley did not admit or deny wrongdoing.