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Morgan Stanley, Goldman and Wells Fargo to Settle $120M Lawsuit
News July 14, 2025 at 02:11 PM
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What You Need To Know
- The trio helped Bill Hwang’s $36 billion family office place massive bets on stocks.
- The investors, led by Frank Capital Partners, sued months after Archegos’ collapse.
- The parties agreed not to disclose how much each bank will pay.
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