The defendants are due in court Thursday afternoon.
The charges are part of an ongoing, industrywide investigation into allegations of bribery and kickbacks in the securities lending industry, also called the stock-loan industry.
6 accused of fraud at Wall Street brokerage firms
NEW YORK Indictments unsealed Thursday allege securities fraud conspiracy
and related charges against the defendants, including former stock
loan supervisors at Morgan Stanley and Co., Inc. and Janney
Montgomery Scott LLC.
