July 13, 2016
A New York federal judge declined Wednesday to throw out a $20 million suit accusing Morgan Stanley of firing two brokers in retaliation for complaints about potential fraudulent activity, saying the bank must face claims filed under the whistleblower provisions of the Dodd-Frank and Sarbanes-Oxley Acts.
February 19, 2016
A lawyer for Morgan Stanley on Friday asked a New York federal judge to throw out a $20 million suit accusing the bank of firing two brokers in retaliation for their complaints about potential fraudulent activity, saying the employees had been let go for "legitimate performance issues."
August 27, 2015
Morgan Stanley was sued for $20 million on Thursday by two former brokers who say they were fired in retaliation for bringing up fraud and illegal activity at the megabank.
August 24, 2015
Morgan Stanley was hit with a $20 million suit Monday in New York federal court by two whistleblowers who claim they were fired after complaining about unlicensed assistants and interns making batch trades in client accounts.