February 25, 2014
A New York federal judge on Tuesday tossed an Alabama medical laboratory's proposed class action against Morgan Stanley & Co. Inc. for allegedly receiving kickbacks from insurers that administer its 401(k) plan, saying the lab didn't show the transactions violated the Employee Retirement Income Security Act.
May 17, 2013
An Alabama medical laboratory filed a proposed class action in New York federal court on Friday alleging Morgan Stanley & Co. Inc. encouraged the lab to use ING Life Insurance and Annuity Co. to administer its employees' 401(k) plan because ING paid the brokerage firm extra fees.