Wealth Manager Sues Partner Over $450M Investment Book

Law360, Miami (August 9, 2013, 10:01 PM EDT) -- A Miami-based wealth management adviser for Morgan Stanley & Co. LLC filed suit Thursday in Florida state court against a fellow wealth manager over rights to an investment book including at least $450 million in assets that the two had brought to the financial services firm.

Juan Miguel Larrain is asking a circuit court to declare that he has a vested equity right to half of the LGL Partnership that he and Maria C. Lipton brought to and have operated within as a team at Morgan...
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