A woman who says she was fired from Morgan Stanley without explanation 22 days after maternity leave wrote an open letter to the bankâs chief asking to be released from binding arbitration so she can sue the firm.
Chau Pham, a former vice president on a foreign-exchange sales team, filed a complaint with the Equal Employment Opportunity Commission, urging it to investigate Morgan Stanleyâs treatment of women, according to her attorney, Jeanne Christensen at Wigdor. A bank spokesman didnât immediately comment.
The 24-page complaint alleges that Pham received her first negative performance review after her pregnancy became known, and that managers permanently shifted some of her client accounts to colleagues during her leave. After she returned, her breaks to pump breast milk became a topic of conversation among male co-workers, with one manager asking her repeatedly, âWhatâs wrong with formula?â according to the complaint.
In her letter, Pham asked CEO James Gorman to âdo the right thingâ and let her litigate claims in open court. âYou recently said that Morgan Stanley is ânot where we want to be, but weâre making progress,â â she wrote to him. âForcing female employees to pursue discrimination claims in secrecy is not âmaking progress.â â
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Pham was fired Sept. 18, one day after she was to begin arriving at work after 7 a.m. so that she could drop her baby off at daycare, according to her complaint. During her exit, she pressed a manager and a human resources representative for an explanation, but received none, according to the document.
Some of her former clients were later told she was let go because of firmwide reductions, but to her knowledge she was the only person on her regionâs sales team to be ousted, according to the complaint.
The #MeToo movement has argued that mandatory employee arbitration helps keep details of worker complaints quiet. After pressure last year, Google, Facebook and Uber announced theyâll allow employees to take claims of sexual harassment to court, despite arbitration agreements. The biggest U.S. banks, which have always been run by men, havenât announced anything like that.
