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KAPLAN v. MORGAN STANLEY & CO., INC.

No. 08-099.

987 A.2d 258 (2009)

2009 VT 78

Kenneth G. KAPLAN, Nancy Kaplan, Christopher McHugh, Steven Stewart and Edwin Webster v. MORGAN STANLEY & COMPANY, INC., Rebecca Graddock and Town of Stowe.

Supreme Court of Vermont.

Motion for Reargument Denied September 8, 2009.

ENTRY ORDER

¶ 1. Plaintiffs are employees of the Town of Stowe Police Department who decided to convert from a defined-benefit to a defined-contribution retirement plan in September 1997. Nearly ten years later, plaintiffs filed this lawsuit against Morgan Stanley & Company, Inc., the company that handled investments for the new retirement plan, its local representative, Rebecca Graddock, and the Town, alleging that plaintiffs lost substantial retirement...

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