2nd Circ. Kills Retirees' Morgan Stanley Class Action
By Megan Stride ( June 29, 2010, 5:15 PM EDT) -- Morgan Stanley has prevailed in ridding itself of a consolidated class action brought by Xerox Corp. and Eastman Kodak Co. retirees accusing the broker-dealer of dispensing faulty advice that led them to retire early and invest their benefits in portfolios that eventually tanked in value....
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