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Probe Leads Morgan Stanley Lawyer to Quit

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Bloomberg News

Morgan Stanley Dean Witter & Co.’s Christine Edwards resigned as the company’s top lawyer after an internal probe found she allowed the biggest U.S. securities firm to pay an informant to help get a former employee arrested. Edwards knew that an in-house lawyer had arranged for the firm to pay the informant $10,000 before the money changed hands. She remains an “advisory director.” The departure followed an investigation by an outside law firm. While the probe found that no laws were broken, Morgan Stanley didn’t report the payment to police when the former employee, Christian Curry, was charged with trying to plant e-mails in company computers.

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