Massachusetts securities regulators https://www.sec.state.ma.us/divisions/securities/download/9-5-24-morgan.pdf fined Morgan Stanley $2 million for its failure to monitor insider trades made by the Chairman and several executives at First Republic Bank in advance of the stock’s collapse. What other broker dealers were aware of, or should have been aware of these insider sales? The Wall Street Journal reported on the fine at the following link: https://www.wsj.com/finance/regulation/morgan-stanley-is-fined-over-first-republic-insider-sales-48ad84bf?mod=hp_lead_pos3 .
If you suffered losses in First Republic Bank stock, and wish to discuss your potential claims, please contact David A. Weintraub, P.A. at (954) 693-7577. If you have research reports for First Republic Bank stocks for 2022 or 2023, we would very much appreciate your sending us copies of those reports at [email protected] . We are interested in reports from any and all analysts.