CIMB Thai Bank PCL v. Morgan Stanley.,
No. 653777/2012 (N.Y. Sup. Ct.).  

Representation of CIMB Thai Bank PCL in a lawsuit relating to four fraudulent CDOs, the underlying collateral for which Morgan Stanley represented would be comprised of safe, high-quality assets selected by independent collateral managers. The case alleged that Morgan Stanley controlled portfolio selection and chose high-risk collateral, while actively shorting the same collateral in order to enrich itself at Plaintiff’s expense.