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Litigation

Jun. 4, 2016

Financial elder abuse costs Morgan Stanley $8.1M

A pair of attorneys at Huang Ybarra Singer & May LLP earned an unusually high award this week from the Financial Industry Regulatory Authority.

By Phil Johnson
Daily Journal Staff Writer

A pair of attorneys at Huang Ybarra Singer & May LLP earned an unusually high award this week from the Financial Industry Regulatory Authority.

The brokerage regulatory body's panel of three arbitrators awarded $8.1 million in damages, including $2 million in punitives, against Morgan Stanley & Co. LLC for charges including financial elder abuse.

Partner Aaron M. M...

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