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Morgan Stanley Settles Sex-Bias Suit

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Morgan Stanley Settles Sex-Bias Suit

Business

Morgan Stanley Settles Sex-Bias Suit

Morgan Stanley Settles Sex-Bias Suit

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  • <iframe src="https://www.npr.org/player/embed/3351011/3351012" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Allison Schieffelin, a former Morgan Stanley bond seller, enters the U.S. courthouse in New York, July 12, 2004. Reuters hide caption

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Reuters

Allison Schieffelin, a former Morgan Stanley bond seller, enters the U.S. courthouse in New York, July 12, 2004. Reuters hide caption

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Reuters

Morgan Stanley agrees to pay $54 million to settle allegations that it discriminated against its female employees. The brokerage firm was accused of denying women equal pay and promotions and tolerating widespread sexist behavior. NPR's Jim Zarroli reports.