Mealey's Labor & Employment - New York State Wage Deduction Claim Dismissed In Morgan Stanley MDL

NEWARK, N.J. - A New York federal judge on May 20 agreed to strike a claim for impermissible indirect wage deduction brought under New York state law from a wage-and-hour multidistrict litigation filed against Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. Inc. (together, MSSB), finding that the plaintiffs voluntarily paid for their business expenses (In Re Morgan Stanley Smith Barney LLC Wage and Hour Litigation, No. 11-3121, D. N.J.; 2014 U.S. Dist. LEXIS 69710).

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