Bloomberg - Top firm escalates staff spat

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Mitsubishi UFJ Morgan Stanley Securities told a manager at its equity sales group that his recent public statements accusing the firm of harassment may have damaged its reputation and warned that it may take action against the employee.

In a letter to lawyers for the manager, Glen Wood, the brokerage said his comments to the press may have breached company rules.

It will investigate his behavior and take proper action if needed, according to the November 10 document, which was seen by Bloomberg News. The firm didn’t specify what kind of action it might pursue.

Wood last month asked a Tokyo court to order Mitsubishi UFJ Morgan Stanley to withdraw its decision to put him on unpaid leave, claiming he suffered two years of mistreatment after telling the firm he was going to become a father.

In the letter, the brokerage urged Wood to refrain from any behavior that breaches its rules. Wood explained his case to reporters at the labor ministry’s press club in October and at the Foreign Correspondents’ Club of Japan this month.

Hit the link below to access the complete Bloomberg News article:

Mitsubishi UFJ Escalates Spat With Manager Alleging Harassment

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