(Bloomberg) -- Morgan Stanley agreed to pay $275 million to resolve a U.S. regulator’s claim the company misled investors in the sale of more than $2.5 billion of bonds backed by home loans.

The firm, based in New York, misrepresented the delinquency status of subprime loans backing the securities, which were sold in 2007, the Securities and Exchange Commission said today in a statement. The company disclosed the amount of the settlement in February.

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