Morgan Stanley making Facebook adjustments -source

Thu May 24, 2012 4:48pm EDT

May 24 (Reuters) - Morgan Stanley will adjust thousands of trades to ensure no one pays more than $43 a share for Facebook stock from last Friday's botched initial public offering, the firm told its legion of brokers on Thursday, a person familiar with the call said.

The source, a broker who could not speak for attribution, said the firm again insisted that the trading problems were Nasdaq-related.

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