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Fetured Job Of the Day
Fetured Job Of the Day

Corporate/Securities Attorney with 3-6 years of capital markets experience

Los Angeles office of our client seeks corporate and securities attorn...
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Date Posted: May 19, 2018

Employer:   BCG Attorney Search

Salary: Not Specified


San Francisco
Embarcadero Center West, 275 Battery Street , Suite 3000
San Francisco, California - 94111-3339



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Staff Size : 140
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Law Firm News
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Ford Motor Company expanded a recall of millions of Ford, Lincoln and Mercury cars, trucks and SUVs built from 1992-2004 due to a defective cruise control switch. The faulty cruise control switch, which can corrode over time and ignite, has been linked to thousands of fires. Under pressure from the National Highway Transportation Safety Agency, Ford has recalled a total of 10.4 million vehicles in relation to this issue. Lieff Cabraser represents

Today, the law firms of Lieff Cabraser Heimann & Bernstein, LLP, Outten & Golden LLP, and Altshuler Berzon LLP announced a settlement in principle with Morgan Stanley & Co. Incorporated f/k/a Morgan Stanley DW Inc., on behalf of approximately 1,200 African-American and Latino Financial Advisors and Registered Financial Advisor Trainees employed at Morgan Stanley at any time since October 12, 2002. This lawsuit challenged inequities in opportunities for African Americans and Latinos in the distribution of accounts and other business opportunities.

The parties entered into a five year settlement agreement that is subject to Court approval. It includes comprehensive injunctive relief regarding recruiting and hiring, account distribution policies, partnership arrangements, promotions, retention, diversity training, and complaint processing, among other things. The settlement also provides that an independent Diversity Monitor will be appointed to effectuate the terms of the Agreement. In addition, the settlement establishes a significant class monetary settlement fund. A Special Master is expected to determine the allocation of monies among the class. The terms of the settlement are presently confidential and will be revealed in a public filing with Federal Judge Thelton Henderson of San Francisco in the near future

. "This settlement commits Morgan Stanley to implementing policies and programs to ensure that African American and Latino Financial Advisors are able to compete and thrive on the same terms as their white colleagues. We commend Morgan Stanley for its decision to adopt the positive and innovative changes in the agreement," said Kelly M. Dermody, a partner at Lieff Cabraser Heimann & Bernstein, LLP, Co-Lead Class Counsel.

Co-Lead Class Counsel Adam Klein stated, "By agreeing to this ground breaking agreement, Morgan Stanley has demonstrated its strong commitment to being a market leader on Wall Street."

Co-Lead Class Counsel Jim Finberg stated, "The injunctive relief in this agreement will be a win/win, because it will enhance employment opportunities for African Americans and Latinos, while enabling Morgan Stanley to benefit from the skills and talents of a diverse FA workforce."

In a statement issued by Morgan Stanley, the Firm stated: "Morgan Stanley is committed to the success of our Financial Advisors, regardless of race or color, and we view this settlement as a positive step forward."

The settlement was the result of intensive negotiations supervised by experienced neutral mediator Hunter Hughes, Esq., of Atlanta, Georgia.

Primary Practice Areas

Aviation, Antitrust, Consumer Protection, Employment Law, Environmental Litigation, International Litigation, Product Liability - Personal Injuries, Product Liability - Defective Consumer and Homeowner Products, Securities & Investment Fraud

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Aug 30,2017 USA-CA-San Francisco Legal Staff Paralegal in San Francisco, CA

Mid-level Paralegal
The candidate shall have a B.A./B.S. degree is required. Paralegal certificate is a plus but not required. The candidate shall have 2 years of prior paralegal experience in a law firm or legal setting. Working knowledge and understanding of federal and state rules. Working knowl
Jun 23,2017 USA-CA-San Francisco Legal Staff Paralegal in San Francisco, CA

Seeking a Mid-level Paralegal in the pursuit of justice (financial district). Should have 2 years of prior paralegal experience in a law firm or legal setting. Must have working knowledge and understanding of federal and state rules. Should have working knowledge and understanding of civil procedure
Apr 29,2017 USA-CA-San Francisco Legal Staff Paralegal in San Francisco, CA

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