Morgan Stanley Prevails in Arbitration

Munger, Tolles & Olson secured a complete victory on the merits for Morgan Stanley on Aug. 8, 2017 in an arbitration against a former employee. Morgan Stanley filed suit to recover on an outstanding promissory and the former employee lodged several counterclaims seeking over $9 million in damages. After a four day hearing, the arbitration panel awarded Morgan Stanley the full amount outstanding on the note, with interest, dismissed the former employee’s counterclaims in their entirety, and awarded Morgan Stanley its attorneys’ fees. 

The Munger Tolles lawyers representing Morgan Stanley were Bryan H. Heckenlively and Nicholas D. Fram.