TOKYO -- Mitsubishi UFJ Morgan Stanley Securities disputes all major accusations against it by investors who lost tens of millions of dollars after buying Credit Suisse bonds from the Japanese broker, Nikkei Asia has learned, in a high-profile lawsuit that is overshadowing the broker's plan to expand its wealth management operations.
The company was hit by the lawsuit on Aug. 31 after the Credit Suisse bonds it sold to individual investors were wiped out in value following the Swiss authorities' rescue of the bank.
