A fired Morgan Stanley adviser is seeking damages from her former employer for wrongful termination and defamation, according to her attorney.
It's the latest fallout from a $34 million arbitration case that Morgan Stanley lost in March. Ex-broker Ami Forte was at the center of that case, having had an affair with former client Roy Speer, the co-founder of the Home Shopping Network who died at age 80 in 2012. Speer's wife, Lynnda, brought the case against Morgan, accusing the firm and Forte of breach of fiduciary duty, unauthorized trading, churning and other misconduct.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access