Tag Archives: Unlawful Billing Practices

Morgan Stanley Hit With Multimillion Dollar Penalty for Overbilling Customers

On January 13th, 2017, the Securities and Exchange Commission (SEC) announced that it had reached a $13 million settlement with the financial giant Morgan Stanley. The settlement came in relation to charges that Morgan Stanley had been systematically overbilling its clients and that the company failed to comply with key securities regulations. Beyond the… Read More »