Purchasers of Morgan Stanley Mortgage Loan Trust 2006-6AR Mortgage Pass-Through Certificates May Lose Their Claims in Pending Class Action Unless an Investor Steps Forward

September 22, 2011

Robbins Geller Rudman & Dowd LLP Announces that Purchasers of the Morgan Stanley Mortgage Loan Trust 2006-6AR Mortgage Pass-Through Certificates May Lose Their Claims in the Pending Class Action Litigation Unless an Investor Steps Forward

September 22, 2011 – Robbins Geller Rudman & Dowd LLP (“Robbins Geller”), co-lead counsel in the litigation entitled In re Morgan Stanley Mortgage Pass-Through Certificates Litigation, Case No. 1:09-cv-02137-LTS, today announced that on Thursday, September 15, 2011, the court issued an order on defendants’ motion to dismiss, denying the motion in many respects.  An amended complaint must be filed by September 30, 2011.  However, claims for investors in one trust, the Morgan Stanley Mortgage Loan Trust 2006-6AR, may be eliminated from the case without recovery unless an investor that purchased securities issued by the trust serves as a class representative.  The action alleges claims under Sections 11, 12 and 15 of the Securities Act of 1933 on behalf of investors in a number of Morgan Stanley mortgage-backed securities trusts, including the Morgan Stanley Mortgage Loan Trust 2006-6AR.  The action alleges that the offering documents used to sell the pass-through certificates were false and misleading, in violation of the Securities Act.

An amended complaint must be filed by September 30, 2011.  Investors in the Morgan Stanley Mortgage Loan Trust 2006-6AR have the opportunity to serve as a proposed class representative and ensure that such claims are included in this litigation.  Please contact Arthur C. Leahy to discuss your legal rights if you bought certificates in this trust bearing any of the following CUSIP numbers:

61749CAA9

61749CAB7

61749CAC5

61749CAD3

61749CAE1

61749CAF8

61749CAG6

61749CAH4

61749CAJ0

61749CAK7

61749CAL5

61749CAM3

61749CAN1

61749CAP6

61749CAQ4

61749CAR2

61749CAS0

61749CAT8

61749CAU5

61749CAV3

61749CAW1

61749CAX9

61749CAY7

61749CAZ4

61749CBA8

61749CBB6

61749CBC4

61749CBD2

61749CBE0

61749CBF7

61749CBG5

61749CBH3

61749CBJ9

Robbins Geller, a 180-lawyer firm with offices in San Diego, San Francisco, New York, Boca Raton, Washington, D.C., Philadelphia and Atlanta, is active in major litigations pending in federal and state courts throughout the United States and has taken a leading role in many important actions on behalf of defrauded investors, consumers, and companies, as well as victims of human rights violations.  The Robbins Geller website (http://www.rgrdlaw.com) has more information about the firm.

Contact:

            Robbins Geller Rudman & Dowd LLP
            Arthur C. Leahy, 800-449-4900
            djr@rgrdlaw.com
            artl@rgrdlaw.com

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