Morgan Stanley, BofA Sued Over Cash Sweep Programs <https://www.law360.com/newyork/articles/1889965?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-10-16&read_main=1&nlsidx=0&nlaidx=19> By Sydney Price Minnesota-based financial services company Safron Capital Corp. launched a pair of proposed class actions against Morgan Stanley and Bank of America in New York alleging the firms used their so-called cash sweep programs "to generate massive revenue for themselves at the expense of their customers." 2 documents attached | Read full article » <https://www.law360.com/newyork/articles/1889965?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-10-16&read_more=1&nlsidx=0&nlaidx=19> | Save to favorites » <https://www.law360.com/newyork/articles/1889965?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-10-16&read_later=1&nlsidx=0&nlaidx=19>