Morgan Stanley is embroiled in a lawsuit for allegedly retaliating towards a former worker who complained about firm coverage breaches.
Based on the grievance, filed within the Superior Courtroom for the State of California of the County of San Francisco, beginning on the finish of 2022, Francine Torres “had noticed colleagues and managers making buyer trades by utilizing co-worker’s passwords, which constitutes a violation of Federal securities legal guidelines,” in addition to Morgan Stanley insurance policies.
Based on the go well with, when she complained to her rapid supervisor, different managers and human sources, ”nobody took any motion.”
As a substitute, the grievance continues, Morgan Stanley “retaliated towards her, by amongst different issues, imposing onerous working circumstances on her” reminiscent of revoking her permission to work remotely, regardless of permitting her coworkers to proceed to take action.
Torres, in her forties, was recruited by Morgan Stanley in 2017. Earlier than the occasions giving rise to the whistleblower grievance, Torres “obtained stellar work efficiency critiques, promotions and bonuses. She was a mannequin worker,” the go well with states.
