Law360, New York (March 14, 2016, 10:11 PM EDT) -- Morgan Stanley & Co. LLC and a class of financial adviser associates have reaching a settlement in the putative collective action brought against the financial institution over claims of unpaid overtime, a Florida federal judge said Friday.U.S. District Judge Kenneth A. Marra said in a text order issued from the court docket that he granted a request made by the parties March 9 in their joint notice of settlement to file their approval motion and supporting papers by April 22.“The court congratulates the parties on their amicable resolution of this matter,” Judge Marra said.Judge Marra had granted the... In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition. TRY LAW360 FREE FOR SEVEN DAYS
A US federal judge has ruled that Morgan Stanley and financial adviser associates have participated in the putative collection action brought against the company over unpaid interest claims .