Morgan Stanley Settles Sex-Bias Suit

Allison Schieffelin, a former Morgan Stanley bond seller, enters the U.S. courthouse in New York

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

Reuters
Allison Schieffelin, a former Morgan Stanley bond seller, enters the U.S. courthouse in New York

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

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.

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