You Are Here: Home » Articles posted by The Michigan Citizen (Page 274)
The Michigan Citizen

Number of Entries : 3307

Detroit residents sue Morgan Stanley

Five current and former residents filed a federal lawsuit Oct. 15 that alleges Morgan Stanley financed predatory home loans that targeted Black communities and borrowers in Detroit. The American Civil Liberties Union (ACLU) filed the lawsuit on behalf of the residents in U.S. District Court in New York. The suit claims the financial institution violated state and federal laws as a "principal financier" of n ...

Read more