Defendant Name: Morgan Stanley and Co. LLC

Defendant Type: Subsidiary of Public Company

Document Reference: LR-18117

Document Details

Legal Case Name SEC v. Morgan Stanley & Co. Incorporated
Document Name SEC Sues Morgan Stanley for Research Analyst Conflicts of Interest Firm to Settle With SEC, NASD, NYSE, NY Attorney General, and State Regulators
Document Date 28-Apr-2003
Document Format Civil Proceeding
Case Number 03-cv-02948
Federal District Court New York, Southern District of New York
Allegation Type Investment Advisers/Investment Companies
Document Summary According to the SEC: "The Securities and Exchange Commission announced today that it has settled charges against Morgan Stanley & Co. Incorporated, a New York- based brokerage firm and investment bank, arising from an investigation of research analyst conflicts of interest. This settlement, and settlements with nine other brokerage firms, are part of the global settlement the firms have reached with the Commission, NASD, Inc., the New York Stock Exchange, Inc. ("NYSE"), the New York Attorney General, and other state regulators."

Disgorgement & Penalty Information

Resolutions
Enjoinment
Compliance Related Independent Consultant

Related Documents:

comp18117 28-Apr-2003 Complaint
Complaint
According to the SEC: "Morgan Stanley engaged in acts and practices that created conflicts of interest for its research analysts with respect to investment banking activities and considerations. Morgan Stanley failed to manage those conflicts in an adequate or appropriate manner."
judge18117 28-Apr-2003 Court Docket Document
Final Judgment as to Defendant Morgan Stanley and Co. Incorporated
LR-21457 19-Mar-2010 Litigation Release
Court Approves Modifications to Global Research Analyst Settlement
On March 19, 2010, the SEC published a litigation release announcing that the Honorable William H. Pauley issued an order approving modifications to the final judgments entered against Morgan Stanley & Co. Incorporated and the other firms covered by the Global Research Analyst Settlement.