Morgan Stanley suffered a rebuke in its attempt to have a court of appeals overturn a lower judge's ruling that the deferred compensation it pays advisors is protected by federal retirement law.

A putative class action suit filed in federal court in North Carolina late last month alleges Merrill owes Kelly D. Milligan, an advisor in Danville, California, $500,000 in deferred comp he earned ...

Two former Morgan Stanley financial advisors on Friday won a $1.1 million arbitration award against their old firm that centered on who controlled valuable deferred compensation money, the firm or the ...

Morgan Stanley avoided a former advisor’s attempt at retrieving deferred compensation after he left to start his own firm, according to a recent arbitration award. In the FINRA award dated Aug. 8, a ...

Morgan Stanley won the latest battle in its ongoing legal struggle with dozens of financial advisors who accuse the company of wrongly withholding millions in deferred compensation. The advisors, all ...

Merrill Lynch has scored another victory in its battle to withhold deferred compensation from financial advisors who leave the wirehouse before the compensation vests.