Harvey v. Morgan Stanley Smith Barney LLC

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Case Number:

3:18-cv-02835

See also:

Court:

California Northern

Nature of Suit:

Labor: Other

Multi Party Litigation:

Class Action

Judge:

William H. Orrick

Firms

Companies

Sectors & Industries:

  1. March 04, 2020

    Nonclass Attys Get Cut Of $10M Morgan Stanley Wage Deal

    Attorneys for a class of Morgan Stanley financial advisers who inked a $10 million settlement over how the bank compensates them will have to share a $2.6 million carveout for fees and costs with lawyers for two former advisers who objected to the deal, a California federal judge has ruled.

  2. December 19, 2019

    Morgan Stanley Blasts Outside Attys' Fee Bid In Wage Suit

    Morgan Stanley and a class of financial advisers who settled a compensation dispute with the Wall Street giant tore into attorneys from another similar lawsuit on Wednesday, blasting their "improper and unjustified" request to be awarded fees and costs from the $10 million deal.

  3. November 15, 2019

    Outside Attys Want Full Award In $10M Morgan Stanley Suit

    Attorneys from a different lawsuit are seeking the entirety of the nearly $2.6 million in attorney fees from a $10 million class action settlement over Morgan Stanley's compensation of its financial advisers, saying they laid the groundwork for the deal in their separate case against the bank.

  4. September 06, 2019

    Court OKs $10M Deal In Morgan Stanley Adviser Expense Suit

    A proposed $10 million deal between Morgan Stanley and its financial advisers has cleared the first hurdle in California federal court toward resolving allegations that the bank routinely refused to cover the advisers' work-related expenses.

  5. May 17, 2019

    Morgan Stanley's $10M Deal Is Too Low, Advisers Say

    A group of former Morgan Stanley financial advisers urged a California federal judge Thursday to reject a $10 million deal proposed last month to settle allegations that the investment bank routinely refused to reimburse them for work-related expenses, arguing the amount is too low and the release of claims is too broad.

  6. April 29, 2019

    Morgan Stanley Settles Adviser Expense Suit For $10.2M

    Morgan Stanley has agreed to pay over $10 million to settle a proposed class action alleging it routinely stiffed its financial advisers by refusing to pay for work-related expenses such as travel and client entertainment, according to a proposed settlement filed Monday in California federal court.

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