Morgan Stanley Overtime Settlement

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Jul 11, 2008 3:42 pm

Just got my overtime lawsuite settlement paper work in the mail. looks like I will be getting a little over $5000. Another $50 million down the drain for MS.

Jul 16, 2008 6:34 pm

Anyone know what the payout will be for NY or FL residents?

Jul 16, 2008 7:26 pm

I just got my check. It was a hair over $19,000. 

Jul 21, 2008 10:28 pm

What state are you in?
How many months employed?

Jul 22, 2008 2:09 am

$250 bucks that I didn't have before...

Jul 22, 2008 5:04 pm

See REGISterREP.com article:


http://registeredrep.com/news/morganstanley_overtime_settlement/
Morgan Stanley Offers $50 million In Overtime Settlement

Jul 14, 2008 6:47 PM, By Halah Touryalai




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Last week, Morgan Stanley rounded out the last of the national overtime settlements among wirehouse firms with a $50 million deal.


The settlement covers all financial advisors, trainees, producing branch managers, assistant branch managers and sales managers who live outside of California and were employed with the New York-based firm between Sept. 1, 2002, and April 21, 2008. The national settlement comes over two years after Morgan settled......

Aug 2, 2008 8:17 am

Yea, OK-

I READ the article.
I've moved.
I left two messages at MS HQ. They haven't gotten back to me.
I want my check!

Aug 2, 2008 1:03 pm
TOPBROKR:

Yea, OK-

I READ the article.
I've moved.
I left two messages at MS HQ. They haven't gotten back to me.
I want my check!

 
NY brokers can get $85.57 per month for up to 9 years. FL broker can get $50.93 per month for up to 5 years. Forms have to be filed by 9/5/2008.
PM me and I will email you a copy of the forms.
Jan 19, 2009 1:49 pm

Any updates?

Jan 19, 2009 1:52 pm

I'm with SB, once we're MSSB can I get in on this?  jk.