Morgan Stanley Financial Advisers Get Class Cert. In OT Suit

Law360, New York (February 7, 2014, 3:35 PM EST) -- A federal judge in Florida on Friday granted conditional certification to a class of Morgan Stanley & Co. financial advisers who allege the bank withheld overtime compensation.

U.S. District Judge Kenneth A. Marra said in the 18-page opinion that the current and former financial adviser associates in training, or pre-production, who filed the case against Morgan Stanley had sufficiently demonstrated that they were subject to a common policy of being denied overtime by the bank and also met the burden of being similarly situated to one...
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Case Information

Case Title

Devries v. Morgan Stanley & Co. LLC et al

Case Number



Florida Southern

Nature of Suit

Labor: Fair Standards


Kenneth A. Marra

Date Filed

November 5, 2012

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