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Former Diversity Chief Sues Morgan Stanley for Racial Discrimination

Marilyn Booker was a 26-year veteran of New York-based bank Morgan Stanley , where she spent most of her time as the firm’s first global diversity chief. In December of last year, she was fired for pushing senior executives to make more opportunities for Black employees at the company, according to The New York Times . Now, she’s suing the company for racial discrimination and retaliation. According to a human resources representative at the bank, Booker was informed that her position had been eliminated and that there would be no opportunity for her to transfer to another division inside the bank, the Times reports . A note was then sent out on her behalf, unbeknownst to her, saying she “decided to leave the firm and pursue other opportunities.” Up until the very last day of her 26-year career at the bank, Booker was still going to bat for the few Black employees at the company. As a result of her termination, Booker has filed a formal lawsuit against her former employer. According...

Njera Perkins

Jun 19, 2020