The widow claims Morgan Stanley should have done more to slow or block her withdrawal of more than $2 million from the firm.

Morgan Stanley paid Chief Executive Officer Ted Pick $34 million for his first year leading the bank. The firm said in a regulatory filing that 75% of Pick’s bonus will be deferred over three years and is subject to cancellation,

Ted Pick made $34 million for his work as CEO of Morgan Stanley in 2024, his first year on the job. The board cited Morgan Stanley’s financials, including its profit and record net revenue, as reasons for his pay,

Morgan Stanley and six other banks sold $4.74 billion of X Holdings Corp. debt, allowing the lenders to finally rid themselves of the bulk of their exposure to the financing they arranged for Elon Musk’s 2022 purchase of the social-media platform.

Morgan Stanley advised Musk on the purchase, led the financing and sales and also held the largest chunk of X debt. Other holders include Bank of America Corp., Barclays Plc, Mitsubishi UFJ Financial Group Inc., BNP Paribas SA, Mizuho Financial Group Inc. and Societe Generale SA.