Securities Arbitration Lawyers BlogFormer Morgan Stanley Employees File Suit Alleging Violations of the SEC Whistleblower Protections
Couple launches $20 million retaliatory-firing suit against the firm
A husband and wife who were formerly employed by Morgan Stanley launched a $20 million suit against the firm Monday, alleging that it violated whistleblower protection laws by terminating their employment after they made complaints to supervisors about unfair practices occurring at the firm.
Jaime Feldman-Boland and James Boland filed the suit in New York federal court after both were fired in August and October 2011, respectively, due to what the firm considered “poor performance,” according to the complaint.