Morgan Stanley (NYSE:MS) is still battling with trades from last Friday for Facebook Inc (NASDAQ:FB) customers, according to a Reuters report. On Monday, the company announced it still had unexecuted trades for retail customers and now after almost a week, it continues battling them. It’s just one of their many problems these days. Morgan Stanley served as the lead underwriter for the Facebook deal and now, according to an anonymous person, Morgan Stanley Smith Barney, an affiliate unit Morgan Stanley, did not receive stock market information from Nasdaq about the stock trades in a “systematic, orderly way.” Nasdaq’s side of the…
Morgan Stanley Dealing with Friday Facebook Trades, Arranges Call
HFA Staff
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