April 17, 2025
Morgan Stanley and a former employee told a North Carolina federal court Thursday that they have reached a deal to end the financial giant's legal challenge to a $1.6 million arbitration award handed to the ex-worker who claimed he was fired out of sex and age bias.
February 10, 2025
A North Carolina federal judge has declined to throw out a $1.6 million arbitration award granted to a former Morgan Stanley employee who claimed he was wrongfully terminated, after the bank alleged the chosen arbitrator was biased against it because of a prior lawsuit and had fallen asleep while evidence was being presented.