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Massachusetts is going after Morgan Stanley for sales tactics eerily similar to Wells Fargo ($MS)

Morgan Stanley may have improperly pushed financial products on customers using a high-pressure sales culture. In a filing against Morgan Stanley on Monday, the Office of Secretary of the Commonwealth William Gavin accused the bank of pushing unwanted financial products onto customers and emphasizing selling products to customers even when they may not have needed them. "Morgan Stanley's firm-wide culture emphasizes the aggressive cross-selling of banking and lending products to wealth management clients," said the complaint.
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