===============================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
FORM 8-K
----------------------
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 16, 2005
----------------------
Morgan Stanley
(Exact name of registrant as specified in its charter)
----------------------
Delaware 1-11758 36-3145972
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1585 Broadway, New York, New York 10036
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 761-4000
Not Applicable
(Former name or former address, if changed since last report)
----------------------
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
===============================================================================
Item 8.01. Other Events.
The following disclosure supplements the disclosure regarding Coleman (Parent)
Holdings, Inc. v. Morgan Stanley & Co., Inc. made by Morgan Stanley (the
"Company") in previous filings under the Securities Exchange Act of 1934.
On May 16, 2005, a jury for the Circuit Court of the Fifteenth Judicial
Circuit for Palm Beach County, Florida returned a verdict in favor of Coleman
(Parent) Holdings, Inc. ("CPH") with respect to its claims against Morgan
Stanley & Co. Incorporated ("MS&Co."), a subsidiary of the Company. The jury
awarded CPH $604,334,000 in compensatory damages. This amount may be subject
to deduction, at the determination of the Court, for amounts previously
received by CPH from others in settlements of related claims. The jury will
consider the amount, if any, of punitive damages to be awarded to CPH. Once
a final judgment is entered, MS&Co. will appeal and move to stay the judgment
pending appeal.
The Company previously established a reserve of $360 million for this matter.
The Company will reassess the level of reserve required as a result of this
verdict.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
MORGAN STANLEY
(Registrant)
By: /s/ Ronald T. Carman
-------------------------------
Name: Ronald T. Carman
Title: Assistant Secretary
Date: May 16, 2005