Morgan Stanley supervisor steps down amid complaints towards brokers

NEW YORK (P3PWriter) – Morgan Stanley (MS.N) stated on Wednesday that Robert Perry, supervisor for the agency’s Beverly Hills, California, wealth administration workplace, has left the agency.

FILE PHOTO: The company emblem of monetary agency Morgan Stanley is pictured on the corporate’s world headquarters in New York, U.S. April 17, 2017. P3PWriter/Shannon Stapleton

Morgan Stanley spokeswoman Christine Jockle confirmed Perry left the agency however declined to remark additional. Makes an attempt to succeed in Perry at his workplace by cellphone and e-mail have been unsuccessful.

Perry’s departure, reported on Tuesday by the wealth administration information web site AdvisorHub, comes after a sexual harassment lawsuit was filed earlier this yr towards one of many prime brokers at Perry’s Beverly Hills department.

In March, Lorena Alcantara filed a sexual harassment lawsuit in Los Angeles County towards the agency and Michael Ladge, a director in Morgan Stanley’s sports activities and leisure division whose shoppers included Katy Perry.

Ladge didn’t reply to a message requesting remark left at his workplace.

In a separate lawsuit filed in Los Angeles County courtroom in July 2017, a feminine dealer named Ivy Xiao alleged she was sexually harassed by a number of managers whereas working at Morgan Stanley, together with whereas working on the agency’s department in Santa Monica, California.

Perry, because the advanced supervisor, oversaw places of work in Century Metropolis, Westwood and Santa Monica, along with Beverly Hills, in response to his LinkedIn profile.

Perry had labored for Morgan Stanley’s wealth administration enterprise since 1993, when he joined Citigroup’s international markets enterprise, a agency Morgan Stanley acquired in 2009.

Reporting By Elizabeth Dilts in New York; Modifying by Dan Grebler

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