Morgan Stanley v. Babu

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND Southern Division MORGAN STANLEY, * Plaintiff, * v. Case No.: GJH-19-489 * NIRAV BABU, * Defendant. * * * * * * * * * * * * * * MEMORANDUM OPINION Plaintiff Morgan Stanley brought this action to compel Defendant Nirav Babu to arbitrate a third-party claim for contribution and indemnification related to an improper transfer of funds from Morgan Stanley accounts. ECF No. 1. On March 23, 2020, the Court denied Defendant’s Motion to Dismiss, granted summary judgment in Plaintiff’s favor, and ordered the parties to arbitrate their…