Morgan Stanley is Looking Forward to Bar Adviser Accused in Coworker Shooting

    Bloomberg News reports that Morgan Stanley is barring a financial adviser from using its facilities. Morgan Stanley took the measures after the accused was found to be involved in a shooting of a coworker last week in the Oklahoma City office of the company.




    More into the Matter

    Chris Bayouth was shot at by Leonard Bernstein around five times in the foot, torso, back, and leg on Thursday, as per Oklahoma City Police Department. After the incident, Bayouth was taken to hospital and admitted for the injuries. Later in the day, Bernstein was apprehended for the incident. He was accused of shooting his coworker to kill him, as stated by the police.

    Bernstein has been released on bail money of $50,000. The two telephone numbers in his name are disconnected. He was not available for comment. According to a spokesman from the county jail, Berstein was not assigned any lawyer.

    On Friday, Morgan Stanley fired Bernstein and sought a restraining order on Tuesday. On Tuesday, as per this order, Bernstein will not be permitted to visit the company’s offices or get in touch with any of their former coworkers at the office.

    According to a court filing, the bankers said that Bernstein was a serious threat to the employees and clients in terms of safety and health in a statement.

    Bloomberg News also reports that Morgan Stanley, in a statement has said that it is extending all cooperation to the authorities and that the bank is thinking about the well-being of the employees, as revealed in a statement.

    Bernstein became associated with Morgan Stanley in the last year, as per Financial Industry Regulatory Authority’s BrokerCheck. As far as Bayouth is concerned, he became associated in 2009 with the New-York based firm.



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