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Rada v. Morgan Stanley & Co, LLC et al
Case Number:
1:16-cv-00804
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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October 06, 2025
Morgan Stanley Race Bias Suit In NY Closed After Settlement
A decade-old suit accusing Morgan Stanley of discriminating against its African American financial advisers and depriving them of lucrative opportunities has come to a close after the final plaintiff reached a settlement with the financial institution.
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May 30, 2018
High Court's Class Waiver Ruling Cited In Multiple Cases
In its first week on the books, the U.S. Supreme Court's landmark Epic Systems decision has already begun affecting numerous cases nationwide, including being cited in a wage suit involving thousands of Chipotle workers and by Morgan Stanley to bolster its effort to oust several financial advisors from a race bias class action.
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October 20, 2016
Morgan Stanley Says Race Bias Suit Fails
Morgan Stanley has ripped into a proposed class's claims that it discriminates against its African-American financial advisers and deprives them of lucrative opportunities, arguing in New York federal court that a similar case's $23.5 million settlement bars the suit.