Morgan Stanley Smith Barney asked a New York court to bar former advisers from using confidential information to solicit customers for a competitor (Morgan Stanley Smith Barney v. Biondo, N.Y. Sup.Ct., 653131/2014, petition filed 10/15/14).
Morgan Stanley’s petition for a temporary restraining order in aid of arbitration came after customer files went missing from a Jericho, N.Y., branch office after two advisers there resigned and joined a competitor.
Morgan Stanley said one adviser sent client documents to his personal e-mail address in the days leading up to his resignation.
In a petition filed in New York Supreme Court, ...
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