Morgan Stanley and financial advisers settle overtime suit

A Florida federal judge has said that Morgan Stanley and financial adviser associates have settled in the putative collection action brought against the bank over unpaid overtime claims.

By Kelly Knaub (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....

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