Shafer v. Morgan Stanley

Published on:
January 29, 2025

Court:

U.S. Court of Appeals

(Second Circuit)

Amicus Issue:

Whether employees can retrospectively recast deferred compensation programs as “ERISA plans” and thereby be entitled, under ERISA’s vesting and anti-forfeiture rules, to payment of deferred compensation even if the employees leave before the awards have vested or otherwise fail to meet the agreed-upon terms of the awards.

Counsel of Record:

Orrick Herrington & Sutcliffe LLP

Michael Delikat

Robert M. Loeb

Alyssa Barnard-Yanni

Other Amici:

None.

Details

Download

More Content

  • Letters
    May 19, 2026

    CFTC-SEC Harmonization

  • Letters
    May 19, 2026

    Amendments to Electronic Submission Requirements for Security-based Swap Dealer Valuation Dispute Reports and ANE Exception Notices

    SIFMA comments on the SEC’s proposed FOCUS Report amendments, highlighting concerns with new electronic submission requirements.
  • Letters
    May 18, 2026

    Definition of Equity Security

    SIFMA comments on SEC Rule 3a11-1 proposal, urging tailored equity security definitions and expert market consideration.

Get the latest trends, stats, and research on financial markets and securities.