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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.
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New York Attorney General Eliot Spitzer's settlement with the firm and links to PDF files containing the full account and exhibits.
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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.
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"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."
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The world's leading luxury goods retailer sues the investment bank over alleged unfair research to favor its rival Gucci. [BBC]
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Securities and Exchange Commission sued the firm claiming its research analysts were subject to inappropriate influence by its investment banking division.
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Examines widespread gender bias at the Wall Street firm. Conflicts of interest in stock research, and improper mutual funds sales are covered too.
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Lawsuit alleges that Claire Kent of Morgan Stanley defamed LVMH in order to cultivate its rival Gucci, a client of the investment bank. [Forbes]
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Firm pushed "preferred" funds and failed to inform customers about higher fees associated with certain class of shares.
