Morgan Stanley Exec Alleges Sex, Age Bias

Morgan Stanley faces a discrimination lawsuit by a 59-year-old female vice president who says the securities firm fosters sex and age bias.

Barbara Fiebiger, who is seeking $25 million in damages, said in the suit that she was passed over for promotions that went to younger, male colleagues.

She also claims that men at Morgan Stanley used insulting language to refer to women.

Morgan Stanley spokeswoman Judy Hitchen said the firm hadn’t been served with Fiebiger’s complaint.

“We would state that the underlying claims of discrimination and hostile work environment in this case were thoroughly investigated by the [Equal Employment Opportunity Commission] and dismissed earlier this year,” Hitchen said.