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Morgan Stanley's $10M Deal Is Too Low, Advisers Say

By Reenat Sinay (May 17, 2019, 6:17 PM EDT) -- A group of former Morgan Stanley financial advisers urged a California federal judge Thursday to reject a $10 million deal proposed last month to settle allegations that the investment bank routinely refused to reimburse them for work-related expenses, arguing the amount is too low and the release of claims is too broad....

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