Morgan Stanley Dealt Blow in Deferred Comp Clawback Lawsuit

News November 07, 2024 at 07:55 AM
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What You Need To Know

  • A federal court in New York has denied a key motion by the financial services giant.
  • The case centers on the wirehouse's various vesting and payout rules.
  • An attorney representing former Morgan Stanley advisors says the ruling should help during arbitration.
Morgan Stanley building in New York with a blue lit-up sign