{"id":66,"date":"2007-03-21T19:31:47","date_gmt":"2007-03-21T19:31:47","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/03\/more_good_news_for_morgan_stanley_record_earnings_large_jury_verdict_overturned_and_merely_a_slap_on_the_wrist_by_regulators"},"modified":"2007-03-21T19:31:47","modified_gmt":"2007-03-21T19:31:47","slug":"more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/","title":{"rendered":"More Good News for Morgan Stanley!  Record Earnings, a Jury Verdict Overturned and a Slap on the Wrist by Regulators."},"content":{"rendered":"<p>\t\t\t\tMorgan Stanley shared in the earnings boom for Wall Street Firms as it reported earnings for its latest quarter of $2.56 Billion, a 29% increase over a year ago.   <\/p>\n<p>The investment giant is also celebrating a victory in the Florida courts, having convinced an appeals court to throw out an $1.58 Billion jury award against it for its mis-handling of a 1998 merger between Coleman Company with Sunbeam Corporation.<\/p>\n<p>Morgan Stanley had faced an uphill fight in that case because it failed to honor a court order to produce e-mails sought by lawyers for the plaintiffs.  Frustrated by the delays, Palm Beach County trial judge Elizabeth Maass issued a ruling that the Morgan Stanley and Sunbeam conspired to defraud the plaintiff and presented the case to the jury to establish the damages.  Morgan Stanley had in 2005 set aside $360 million of reserves for the case expecting  the jury verdict to be reduced.  That will presumably will then be added to the firm&#8217;s current earnings. <\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/\"  title=\"Continue Reading More Good News for Morgan Stanley!  Record Earnings, a Jury Verdict Overturned and a Slap on the Wrist by Regulators.\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley shared in the earnings boom for Wall Street Firms as it reported earnings for its latest quarter of $2.56 Billion, a 29% increase over a year ago. The investment giant is also celebrating a victory in the Florida courts, having convinced an appeals court to throw out an $1.58 Billion jury award against [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-66","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>More Good News for Morgan Stanley! Record Earnings, a Jury Verdict Overturned and a Slap on the Wrist by Regulators. &#8212; Investor Lawyers Blog &#8212; March 21, 2007<\/title>\n<meta name=\"description\" content=\"Morgan Stanley shared in the earnings boom for Wall Street Firms as it reported earnings for its latest quarter of $2.56 Billion, a 29% increase over a &#8212; March 21, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"More Good News for Morgan Stanley! 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Record Earnings, a Jury Verdict Overturned and a Slap on the Wrist by Regulators. &#8212; Investor Lawyers Blog &#8212; March 21, 2007","twitter_description":"Morgan Stanley shared in the earnings boom for Wall Street Firms as it reported earnings for its latest quarter of $2.56 Billion, a 29% increase over a &#8212; March 21, 2007","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"More Good News for Morgan Stanley! Record Earnings, a Jury Verdict Overturned and a Slap on the Wrist by Regulators.","datePublished":"2007-03-21T19:31:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/"},"wordCount":246,"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/","url":"https:\/\/www.investorlawyers.com\/blog\/more-good-news-for-morgan-stanley-record-earnings-large-jury-verdict-overturned-and-merely-a-slap-on-the-wrist-by-regulators\/","name":"More Good News for Morgan Stanley! 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