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Morgan Stanley Private Bank, NA v. Randall
Case Number:
1:23-cv-01596
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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February 10, 2025
Morgan Stanley Can't Undo $1.6M Bias Award, Judge Says
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.
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February 21, 2024
Morgan Stanley Bias Award Fight Belongs In NC, Judge Says
A Morgan Stanley unit must challenge an arbitrator's conclusion that it discriminated against a white male former banker in North Carolina, where he last worked, a Georgia federal judge ruled, saying the arbitrator's presence in Atlanta during the virtual proceeding isn't enough to tether the case to the Peach State.
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April 13, 2023
Biased Arbitrator Slept Through Hearing, Morgan Stanley Says
An Atlanta arbitrator fell asleep multiple times during a virtual hearing in a former banker's employment dispute and failed to disclose a potential bias, Morgan Stanley told a Georgia federal court Thursday, seeking to vacate almost $1 million in attorney fees and costs and more than $600,000 in damages awarded against it.