MSSB Retention Packages

LAW OFFICES OF DAVID HARRISON INVESTIGATES MORGAN STANLEY SMITH BARNEY'S TREATMENT OF FINANCIAL ADVISORS REGARDING RETENTION PACKAGES

Law Offices of David Harrison has initiated an investigation of Morgan Stanley Smith Barney ("MSSB") over its treatment of financial advisors regarding retention packages offered to them after Morgan Stanley purchased Smith Barney. This investigation stems from MSSB offering retention packages to financial advisors in 2008 and 2009 which called for a back-end payment in 2012. Financial advisors signed retention packages in the expectation that all terms would be met by MSSB. When 2012 arrived, financial advisors were stunned that MSSB took the position that the 2012 backend payment did not apply to them and declined to make any additional payments.

Morgan Stanley Smith Barney financial advisors may have rights to collect and be paid out their complete retention packages.

If you signed a MSSB retention package and you feel you were not treated properly and compensation is owed to you, contact our firm for an evaluation of your rights. You can contact David Harrison directly at (310) 499-4732 or by email at dshesq@gmail.com.