Legal
Morgan Stanley Terminates Broker over College Admissions Scandal
Morgan Stanley Wealth Management has terminated a Pasadena, California, advisor entangled in the alleged college admissions cheating scheme, a spokeswoman for the company confirmed. Michael Shujun Wu, a 16-year brokerage industry veteran who joined Morgan Stanley from Merrill Lynch in 2015, was discharged in March. “Mr. Wu was terminated for…
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