Morgan Stanley (Allegedly Unethical Firms)

Morgan Stanley Sites:

Conflict Probes Resolved at Citigroup and Morgan-Stanley Conflict Probes Resolved at Citigroup and Morgan-Stanley: New York Attorney General Eliot Spitzer's settlement with the firm and links to PDF files containing the full account and exhibits. (Morgan Stanley) http://www.oag.state.ny.us/press/2003/apr/apr28a_03.html Morgan Stanley Settles Conflicts of Interest Charges Morgan Stanley Settles Conflicts of Interest Charges: Securities and Exchange Commission sued the firm claiming its research analysts were subject to inappropriate influence by its investment banking division. (Morgan Stanley) http://www.sec.gov/litigation/litreleases/lr18117.htm SEC Charges Morgan Stanley With Inadequate Disclosure in Fund Sales SEC Charges Morgan Stanley With Inadequate Disclosure in Fund Sales: Firm pushed "preferred" funds and failed to inform customers about higher fees associated with certain class of shares. (Morgan Stanley) http://www.sec.gov/news/press/2003-159.htm EEOC and Morgan Stanley Announce Settlement of Sex Discrimination Lawsuit EEOC and Morgan Stanley Announce Settlement of Sex Discrimination Lawsuit: "As part of the settlement, at least $2 million will be provided for diversity programs designed to enhance the compensation and promotional opportunities for female employees within Morgan Stanley." (Morgan Stanley) http://www.eeoc.gov/press/7-12-04.html The Curry Affair at Morgan Stanley The Curry Affair at Morgan Stanley: The investment bank, according to The Black Star, had paid an informant to set-up Curry, to preempt his discrimination lawsuit. (Morgan Stanley) http://www.greatestscoops.com Morgan Stanley and Sexual Discrimination Morgan Stanley and Sexual Discrimination: Examines widespread gender bias at the Wall Street firm. Conflicts of interest in stock research, and improper mutual funds sales are covered too. (Morgan Stanley) http://www.kamalsinha.com/morganstanley/ Complaint: SEC v. Morgan Stanley Regarding Stock Research Conflicts of Interest Complaint: SEC v. Morgan Stanley Regarding Stock Research Conflicts of Interest: Complaint filed with the U.S. District Court alleging conflicts of interest for Morgan Stanley's research analysts with respect to investment banking activities and considerations. (Morgan Stanley) http://www.sec.gov/litigation/complaints/comp18117.htm Morgan Stanley, LVMH Tango In Paris Morgan Stanley, LVMH Tango In Paris: Lawsuit alleges that Claire Kent of Morgan Stanley defamed LVMH in order to cultivate its rival Gucci, a client of the investment bank. [Forbes] (Morgan Stanley) http://www.forbes.com/2003/05/27/cx_da_0527topnews.html EEOC Files Sex Discrimination Lawsuit Against Morgan Stanley EEOC Files Sex Discrimination Lawsuit Against Morgan Stanley: The suit alleges that the company discriminated against as many as 100 women, and it retaliated against at least one of them for voicing her opposition to its practices. (Morgan Stanley) http://www.eeoc.gov/press/9-10-01.html NASD Fines Morgan Stanley for Prohibited Sales Contests NASD Fines Morgan Stanley for Prohibited Sales Contests: Firm conducted contests for its brokers and managers to promote the sale of its mutual funds and a selected few variable annuities. (Morgan Stanley) http://www.nasdr.com/news/pr2003/release_03_039.html LVMH sues Morgan Stanley LVMH sues Morgan Stanley: The world's leading luxury goods retailer sues the investment bank over alleged unfair research to favor its rival Gucci. [BBC] (Morgan Stanley) http://news.bbc.co.uk/1/hi/business/2513555.stm