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Market Chatter: Morgan Stanley, Goldman, Wells Fargo to Settle Suit Over Archegos Trades
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Market Chatter: Morgan Stanley, Goldman, Wells Fargo to Settle Suit Over Archegos Trades
Jul 14, 2025 7:58 AM

10:40 AM EDT, 07/14/2025 (MT Newswires) -- ViacomCBS investors, who sued Morgan Stanley ( MS ) , Goldman Sachs Group ( GS ) and Wells Fargo ( WFC ) for dumping shares of the media company during the collapse of Archegos Capital Management, asked a New York state judge to approve a $120 million settlement with the banks, Bloomberg reported Monday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 142.90, Change: +0.62, Percent Change: +0.44

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