A Greek prosecutor filed criminal charges against Morgan Stanley over alleged insider trading during National Bank of Greece SA’s attempt to acquire Alpha Bank SA, Athens News Agency reported Friday.
The charges include the dissemination of false information with the aim of manipulating share prices and insider trading, state-run ANA reported.
The case will be handed to an investigating magistrate, ANA said. The prosecutor’s office in Athens declined to comment.
A Morgan Stanley official did not have an immediate comment when contacted by telephone by Bloomberg News. [Bloomberg]