MSCI Investigates Claims That Worker Sold Client Voting Data

Law360, New York (February 13, 2012, 10:07 PM EST) -- Investment analysis firm MSCI Inc. on Monday told the U.S. Securities and Exchange Commission that it had launched an internal investigation into allegations that an employee in its Institutional Shareholder Services unit had sold confidential client voting data to proxy solicitors.

The investigation announcement comes one day after the New York Post published an exclusive article alleging an ISS employee had filed a whistleblower complaint with the SEC. MSCI's filing acknowledges that a Post reporter contacted ISS about the complaint Feb. 10.

The reporter informed the...
To view the full article, register now.