A former Morgan Stanley executive is suing the financial firm over racial discrimination and claims he was fired for being white, according to the complaint reviewed by The Gateway Pundit.
The lawsuit was filed on Tuesday in federal court in the Southern District of New York.
The lawsuit alleges Kevin Meyersburg was terminated as Morgan Stanley’s Head of Executive and Brokerage Solutions and replaced by a black woman with no experience in his niche field in order to meet DEI (Diversity, Equity, and Inclusion) targets.
“This is an example of DEI run amok,” Meyersburg’s attorney, Louis Pechman, told The Washington Post. “Race cannot be a factor in employment decisions, period. Full stop.”