In arbitrated disputes, Morgan Stanley has lost more than it has won. On May 31, one week after Morgan Stanley filed its request with the appellate court, two of its ex-advisors recouped nearly $638,000 in back pay in an arbitration award. The wirehouse was also ordered to pay 9% interest dating back to 2015, which makes the award worth more than $1 million, according to their lawyer, Alan Rosca of Rosca Scarlato in Beachwood, Ohio.