Frazier v. Morgan Stanley & Co, LLC
- Richard Sullivan
- 1:16-cv-00804
- U.S. District Court · Southern District of New York
- 1
In Frazier v. Morgan Stanley, Judge Sullivan dismissed Andrew Clark’s claims with prejudice after settlement and retained jurisdiction to enforce it.
Andrew Clark’s claims against Morgan Stanley & Co. LLC, Morgan Stanley Smith Barney LLC, and Morgan Stanley were dismissed with prejudice and without costs, and the action was terminated as to Clark. The Court retained jurisdiction to enforce the settlement agreement.
What happened
In Frazier v. Morgan Stanley & Co., LLC, the parties informed the court that plaintiff Andrew Clark and the defendants had reached a settlement.
The court ordered Clark’s claims dismissed with prejudice and without costs. It also directed the Clerk to terminate the action as to Clark.
Judge Richard J. Sullivan retained jurisdiction to enforce the settlement agreement and issued the order while sitting by designation.
The detailed version
- Frazier v. Morgan Stanley & Co, LLC · No. 1:16-cv-00804
- Richard Sullivan
- Jan. 9, 2020
Background
The parties submitted a notice informing the Court that Plaintiff Andrew Clark and Defendants had reached a settlement. The opinion does not state the settlement’s terms.
Ruling
The Court ordered that Clark’s claims be dismissed with prejudice and without costs. “With prejudice” means the claims cannot be brought again. The Court also retained jurisdiction, meaning continuing authority, to enforce the settlement agreement. The Clerk of Court was directed to terminate the action as to Clark.
Judge and disposition
Richard J. Sullivan, a United States Circuit Judge sitting by designation, issued the order. The order resolved the case only as to Andrew Clark; the opinion does not state what happened to the claims of the other plaintiffs or parties.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.