August 21, 2014
A New York federal judge on Thursday preliminarily approved the $4.2 million settlement Morgan Stanley & Co. LLC has agreed to pay to end a collective action accusing the financial services company of failing to pay overtime to client services associates.
August 14, 2014
Morgan Stanley & Co. LLC agreed in New York federal court Thursday to fork over $4.2 million to settle a collective action accusing the financial services company of failing to provide overtime pay to client services associates.
February 07, 2013
A New York federal judge on Thursday conditionally certified a Fair Labor Standards Act collective action accusing Morgan Stanley & Co. LLC of shorting its client services associates on overtime pay, finding the plaintiffs had adequately claimed they were subject to an unlawful overtime policy.