MUFG Morgan Stanley Fires Manager Who Sued Firm for Harassment 三菱モルガン、ハラスメントを訴えていた幹部に解雇予告通知

MUFG Morgan Stanley Fires Manager Who Sued Firm for Harassment  2018-03-14 03:29:40.229 GMT (Bloomberg)
日本語記事：三菱モルガン、ハラスメントを訴えていた幹部に解雇予告通知

By Takahiko Hyuga
(Bloomberg) -- Mitsubishi UFJ Morgan Stanley Securities Co. is firing an equity sales manager who sued his employer for harassment, according to a letter of dismissal obtained by Bloomberg. 

The brokerage notified Glen Wood that it will terminate his employment on April 8, according to the letter sent last week. His comments made to the press were false and damaged the firm’s reputation, the Tokyo-based venture between Mitsubishi UFJ Financial Group Inc. and Morgan Stanley said in the document. Wood, 48, filed a claim in October arguing that the brokerage treated him unfairly after he became a father. The Canadian national initially sought a Tokyo court injunction to withdraw unpaid leave, and in December filed a lawsuit seeking compensation.

“This is also harassment,” Wood said by phone, when asked to comment on the notification of his dismissal. The single parent, whose son was born in October 2015, has claimed that his requests to take paternity leave were rejected until December of that year after he took a DNA test to prove he was the father. When he returned to work in March 2016, Wood argued that he was excluded from important meetings, conference calls and overseas trips.

Mitsubishi UFJ Morgan Stanley spokesman Koji Ichihashi declined to comment on the letter, but said the firm has been “responding sincerely” to Wood. “Our understanding is that his arguments that the company obstructed his paternity leave and conducted harassment are groundless.”

Client Impact

The firm put him on unpaid leave in October. Last year,
Wood held press conferences at the labor ministry and the
Foreign Correspondents’ Club of Japan to explain his case.
Wood’s actions led Mitsubishi UFJ Morgan Stanley’s clients
to doubt its compliance with industry standards and consider revising their business relationship, the firm said in the
letter. Managers and colleagues lost confidence in Wood, and the firm judged that it had reasonable grounds to terminate his employment contract, according to the document. Wood joined the firm in September 2012 as a manager of a team selling Japan stocks to local and overseas investors. His lawsuit is ongoing.

To contact the reporter on this story:
Takahiko Hyuga in Tokyo at thyuga@bloomberg.net
To contact the editors responsible for this story:
Marcus Wright at mwright115@bloomberg.net
Russell Ward

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