Greenberg is seen in 2014. He has been put on administrative leave at Morgan Stanley
Morgan Stanley knew about four women’s abuse claims against a top-earning broker, but kept him on anyways, a new report has claimed.
Douglas E. Greenberg was placed on administrative leave earlier this week in Portland, Oregon after a New York Times reporter contacted Morgan Stanley to quiz the company about the abuse claims.
All four women were ex-wives or ex-girlfriends, and none worked at Morgan Stanley. The abuse claims spanned 15 years.
Greenberg is in the top 2 percent of brokers at the firm by revenue produced. Last month, he made a Forbes list of Oregon’s top wealth managers.
In all, four women sought restraining orders against Greenberg.
The first incident occurred around 2000 and is not described in the Times report.
In December 2006, Greenberg was charged with harassment and criminal mischief. He had violated a restraining order taken out by another ex-girlfriend, according to the court papers. He pleaded no contest to a misdemeanor charge of criminal trespass.
In 2014, Greenberg was charged with violating another restraining order after he allegedly threatened to burn down another ex-girlfriend’s house. The Times did not report the outcome of that case.
In 2015, ex-wife Traci Williams, who filed for divorce from Greenberg in 2013, made more allegations of verbal and physical abuse in a series of Facebook posts. The posts did not name Greenberg, but left little doubt about whom she was referring to.
Greemberg’s supervisors at Morgan Stanley, including a high-ranking compliance official from Morgan Stanley’s New York offices, were aware of the allegations, according to the Times.
When contacted for comment, Greenberg said only: ‘It’s interesting that a reporter from New York would somehow have all this information just on her own.’
Greenberg managed tens of millions of dollars for Morgan Stanley.
His clients included wealthy former Nike managers and some of the largest corporations in the Portland area.