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Morgan Stanley appeals $1.6 million age bias arbitration award decision
Morgan Stanley is appealing a $1.6 million arbitration award granted to former banking specialist Charles H. Randall, who claimed age and gender discrimination. The firm argues the arbitrator showed bias by not disclosing a past fraud claim against its predecessor and allegedly sleeping during key testimonies. A judge upheld the award, stating the firm failed to prove the arbitrator's partiality or misconduct.
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