In recent news, a former Morgan Stanley executive claims wrongful termination and reverse discrimination.

The Case: Kevin Meyersburg v. Morgan Stanley & Co., LLC

The Court: United States District Court Southern District of New York

The Case No.: 1:23-cv-07638

The Plaintiff: Kevin Meyersburg v. Morgan Stanley & Co., LLC

The plaintiff in the case, Meyersburg, was Morgan Stanley’s Managing Director and Head of Executive Service. During his time in the position, Meyersburg accumulated many accomplishments and successes for the company, including massive growth, productivity, and profitability in his department when other departments struggled to make a profit. In April 2023, Morgan Stanley started announcing a series of layoffs due to the Firm’s financial underperformance. Most layoffs were completed by combining and collapsing teams performing similar functions. Meyersburg’s Executive Services Team didn’t see many adjustments or layoffs due to their excessive success and productivity. However, despite his documented strong performance and the success of the Executive Services team while under his leadership, on May 11, 2023, Morgan Stanley told Meyersburg he was being terminated from his position. The company replaced him with a Black female with significantly less experience and qualifications. The company provided no performance or work-related deficiency for Meyersburg’s termination. Instead, his termination was allegedly the Firm’s attempt to comply with its Diversity and Inclusion objectives, which would mean the Firm illegally fired Meyersburg because of his sex, race, and/or color.

The Defendant: Kevin Meyersburg v. Morgan Stanley & Co., LLC

The defendant in the case, Morgan Stanley, did not make a public statement regarding the allegations.

The Case: Kevin Meyersburg v. Morgan Stanley & Co., LLC

The case is one of many that target corporate diversity, equity, and inclusion policies and practices that allege reverse discrimination. The influx of legal actions targeting corporate diversity and inclusion practices seems inspired by the Supreme Court’s decision to strike down affirmative action in college admissions in June. However, even before the decision to strike down affirmative action in the college admissions process, reverse discrimination cases increased as internal concerns around DEI increased. Recent cases targeting corporate diversity policies supporting reverse discrimination attempt to translate the court’s race-blind stance toward college admissions to the workplace.

If you have questions about how to file a California wrongful termination lawsuit, please get in touch with Blumenthal Nordrehaug Bhowmik DeBlouw L.L.P. Experienced employment law attorneys are ready to assist you in various law firm offices in San Diego, San Francisco, Sacramento, Los Angeles, Riverside, and Chicago.