Maria Belknap v. Morgan Stanley DW Inc. a/k/a/ Morgan Stanley Dean Witter, Eloise J. Rich et al
Published: Mar. 4, 2006 | Result Date: Oct. 11, 2005 | Filing Date: Jan. 1, 1900 |Case number: 0402724 – $39,000
Judge
Court
L.A. Superior
Attorneys
Plaintiff
William W. Bloch
(William W. Bloch & Associates)
Defendant
Scott E. Rahn
(RMO LLP)
Edward S. Kim
(Gordinier, Kang & Kim LLP)
Facts
Claimant Maria Belknap sued Respondents Morgan Stanley DW Inc. a/k/a Morgan Stanley Dean Witter, Eloise J. Rich, Susan Lee Dehen and Lisa Ann Detanna, alleging fraud, negligence, negligent misrepresentation, breach of fiduciary duty, breach of contract, unsuitability and failure to supervise, involving unspecified securities.
The respondents denied the allegations of wrongdoing set forth in the claimant's Statement of Claim and asserted various affirmative defenses.
Damages
The claimant requested $200,000 in compensatory damages, including lost interest and opportunity costs. The claimant also requested $249,000 in punitive damages, plus costs and attorney fees. The respondents requested dismissal of the claimant's Statement of Claim in its entirety, costs, hearing fees, and expungement of this claim from the CRD records of the individually named respondents.
Result
Respondent Morgan Stanley DW Inc. a/k/a Morgan Stanley Dean Witter is liable to and shall pay the claimant $39,000 in compensatory damages plus interest at the rate of 10% per annum from April 12, 2004 to October 11, 2005. The individual respondents were dismissed with prejudice.
For reprint rights or to order a copy of your photo:
Email
jeremy@reprintpros.com
for prices.
Direct dial: 949-702-5390