Boutique fund stings $1 million out of Morgan Stanley over Orchard recapitalisation

By Carolyn Cummins
Updated September 18 2014 - 7:13pm, first published 6:13pm

In a David and Goliath court case, the small firm Vasco Investment Managers has won a $1.03 million payment from the giant Morgan Stanley over the advice given in the recapitalisation of the former Orchard Capital Investments.

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