The New York Times reported today that Morgan Stanley has agreed "to pay at least $46 million to settle a class-action suit filed by eight current and former female brokers who contended that they were discriminated against in how they were trained, promoted and paid." The parties have filed for preliminary approval of the settlement agreement in the US District Court for the District of Columbia. The plaintiffs are represented by Mehri & Skalet, Sprenger + Lang, PLLC, and a New Mexico employment firm Moody & Warner, PA; Morgan, Lewis & Bockius, LLP represents Morgan Stanley.
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About the Site
This site provides attorneys, judges, law professors and students with a comprehensive resource on class action law. The editor is William B. Rubenstein, Professor of Law at Harvard Law School. Professor Rubenstein's work emphasizes class action law: he has published, litigated, and served as an expert witness in the field and he regularly provides consulting services to attorneys involved in complex procedural matters.
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