University of Michigan Law School
Civil Rights Litigation Clearinghouse
Title "Adkins et al. vs. Morgan Stanley"
Date Mar 30, 2017
Author ACLU
External Link
Abstract The ACLU, along with the National Consumer Law Center and the law firm of Lieff, Cabraser, Heimann & Bernstein, has filed a lawsuit in federal district court in Manhattan to hold Morgan Stanley accountable for its collaboration with the subprime lender New Century, which supplied Morgan Stanley with a steady stream of irresponsible, high-risk loans issued in communities of color that were particularly vulnerable to economic ruin. Although practices like these inflicted damages in low and middle-income communities across the nation, Detroit was particularly vulnerable.
Source American Civil Liberties Union

This Resource Relates To
case Adkins v. Morgan Stanley (FH-NY-0020)

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