Morgan Stanley Financial Advisors File Gender Discrimination Suit
Mehri & Skalet and Sprenger & Lang, the two law firms leading the suit that was filed in the District of Columbia federal court say they have already been in “productive dialogue” with the Morgan Stanley and that some kind of remedy is expected to be announced later this year, according to the firms’ news release.
The mediator in the suit, Hunter Hughes of Atlanta-based
Rogers & Hardin said that the parties in the lawsuit
are expected to continue “their fruitful discussions” and
foresees a settlement soon.
In response to the suit, Morgan Stanley said in a statement
that “The Firm is committed to enhancing the performance of
its female financial advisors and will continue to work
with the class counsel on changes to accomplish this
objective.”