A fired Morgan Stanley financial adviser accused of stealing client data never intended to sell the information and 'is extremely sorry for his conduct' his lawyer said.
Bloomberg News reports that Galen Marsh, 30, 'acknowledged that he should not have obtained the account information and has been cooperating with Morgan Stanley to protect the firm and its customers', his lawyer, Robert C. Gottlieb of Gottlieb & Gordon LLP, said today in a phone interview.
Marsh, who joined the bank in 2008 and worked in New York, was dismissed last week, said a person briefed on the matter who asked not to be identified discussing an investigation.
Information for as many as 350,000 wealth-management clients was stolen.
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