"New Year's resolutions could lead to more people trying low-carb diets, " wrote Morgan Stanley's William Pecoriello in a research note today.

FORBES: The Atkins Guide To Stock Picking

The settlement with Morgan Stanley is the latest in a string of actions by William Galvin, Secretary of the Commonwealth of Massachusetts, who has aggressively pursued securities violations.

FORBES: Morgan Stanley Hit With $5 Million Fine Over Facebook IPO

Anyone who REALLY wants to be a millionaire: The Millionaire Next Door by Thomas Stanley and William Danko.

FORBES: 7 Gifts for People Who Like Money

Two days ago, Forbes first reported that Morgan Stanley had been served earlier with a subpoena by Massachusetts Secretary of the Commonwealth William Galvin seeking details of its variable annuity sales, including revenue-sharing arrangements, compensation, whether the products receive preferred sales treatment, commission schedules, prospectuses and documents for internal use only (see: " Morgan Stanley Subpoenaed Over Annuity Sales").

FORBES: Morgan, Merrill Face Lawsuits Over Annuities

The suit against Morgan Stanley (nyse: MWD - news - people ) was filed in the Southern District of California in San Diego in the name of William Dornan, a San Marcos, Calif. resident and former Morgan Stanley client, who made similar allegations in a December complaint filed with the National Association of Securities Dealers.

FORBES: Morgan, Merrill Face Lawsuits Over Annuities