- Top-earning broker Douglas E. Greenberg has been fired by Morgan Stanley
- He was placed on administrative leave last week in Oregon after a New York Times reporter called the firm about past domestic abuse claims
- The firm said on Tuesday it had reviewed the allegations and fired Greenberg
- Four women have sought restraining orders against Greenberg over the past 15 years and the firm was allegedly aware of some of them
Morgan Stanley announced on Tuesday it had fired top-earning broker Douglas E. Greenberg (above in a mugshot) after allegations of domestic abuse surfaced that spanned 15 years
Morgan Stanley has now fired a top-earning broker who had managed to keep his job for more than a decade even though the firm knew about domestic violence allegations leveled against him.
Douglas E. Greenberg was placed on administrative leave last week in Portland, Oregon after a New York Times reporter contacted Morgan Stanley to quiz the company about the abuse claims.
The Wall Street firm said in a statement on Tuesday that they had now terminated Greenberg’s employment following a review of the allegations and said it needed to ‘do better’ at handling employee misconduct.
‘We believe that our employees should behave in a manner consistent with our firm’s values and the trust our clients place in us, both of which include treating women, and indeed everyone, with dignity and respect,’ a Morgan Stanley spokeswoman said.
‘We have undertaken steps in recent years to ensure that issues such as this are properly escalated. However, in light of current events we must and will do better.’
The Wall Street firm said in a statement on Tuesday that they had now terminated Greenberg’s employment following a review of the allegations and said it needed to ‘do better’ at handling employee misconduct
Greenberg had been with the firm since 1994 and was in the top 2 per cent of brokers by revenue produced. He made a Forbes list of Oregon’s top wealth managers last month.
The Times revealed last week that four women have sought restraining orders against Greenberg that date back 15 years and that the firm was aware of the allegations.
All four women were ex-wives or ex-girlfriends, and none worked at Morgan Stanley.
In one instance in December 2006, Greenberg was charged with harassment and criminal mischief after violating one of the orders taken out by an ex-girlfriend.
He was again charged in 2014 for violating a different order after he allegedly threatened to burn down an ex-girlfriend’s home.
Greenberg’s ex-wife Traci Williams, who had filed for divorce in 2013, made allegations of verbal and physical abuse in a series of Facebook posts published in 2015.
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