A former Morgan Stanley broker, Galen Marsh, pleaded guilty to accessing the bank’s computer network without permission. Marsh transferred confidential information on 730,000 customers to a private server in his New Jersey home from June 2011 to December 2014. 900 of the client’s information then turned up on an external website. The data was then promptly removed. Marsh will be sentenced December 7th. He is currently free on a $200,000 bond. Marsh was registered with Paulson Investment Company in Summit, New Jersey from February 2007 until April 2007, Bear, Stearns & Co. in New York, New York from May 2007 until March 2008, and Morgan Stanley in New York from April 2008 until January 2015. He is not licensed within the industry. If you had personal information hacked at Morgan Stanley, please call our securities law office at 312-332-4200 to speak to an attorney. The call is free with no obligation. You may be able to sue Morgan Stanley.
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