March 7, 2019 / 11:05 AM / in 4 months

Italy appeals court rules it cannot hear Morgan Stanley derivatives case

MILAN, March 7 (Reuters) - The Italian Court of Accounts appeals court has ruled that it cannot hear a case against Morgan Stanley in a derivatives case, according to a document seen by Reuters.

In June the Court of Accounts ruled it did not have jurisdiction to hear a case against Morgan Stanley and former senior Treasury officials that included a request for 2.7 billion euros. (Reporting by Domenico Lusi, writing by Stephen Jewkes)

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