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Morgan Stanley Evades Schwab's $15M Trade Secret Claims

By David McAfee ( August 26, 2014, 6:39 PM EDT) -- A Financial Industry Regulatory Authority arbitration panel on Monday rejected $15 million in claims by Charles Schwab & Co. Inc. against Morgan Stanley Smith Barney LLC over misappropriation of Schwab's trade secrets in connection with an alleged raid of its workforce, but said Morgan Stanley must still pay about $72,000 in monetary sanctions....

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