Morgan Stanley Ducks Investment Advice Class Action

Law360, New York (May 10, 2011, 6:25 PM EDT) -- Morgan Stanley Smith Barney LLC on Tuesday toppled a putative class action in Massachusetts that accused the company of charging investors advisory fees for two investment funds, even while asking them to sign a document stating they did not receive investment advice.

U.S. Magistrate Judge Robert B. Collings issued an electronic order granting Morgan Stanley's motion to dismiss the case, finding that plaintiff Michael Bruck's claim that the defendant violated the Investment Advisers Act of 1940 was barred by the applicable statute of limitations of one...
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Case Information

Case Title

Bruck v. Morgan Stanley Smith Barney et al


Case Number

1:10-cv-12199

Court

Massachusetts

Nature of Suit

Securities/Commodities

Judge

Robert B. Collings

Date Filed

December 17, 2010

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