District Court, S.D. New York May 2, 2006, 04 Civ.7892 (CSH) (Felton v. Morgan Stanley Dean Witter & Co.)

MEMORANDUM OPINION AND ORDER

HAIGHT, Senior District Judge.

Plaintiffs Ray Felton and Uptal Thak-rar, on behalf of themselves and others similarly situated (collectively, “Plaintiffs”), brought this putative class action in a New York state court against defendant Morgan Stanley Dean Witter & Co. (“Defendant” or “Morgan Stanley”), alleging a common law claim for breach of contract.