The former Morgan Stanley employee who stole data from 900 of the firm’s wealth-management clients and posted it on the internet has come out with a statement. Information for as many as 350,000 wealth-management clients was stolen although the information posted online included information about only 900 of those clients.
Galen Marsh is “extremely sorry for his conduct,” his lawyer told Michael J. Moore for Bloomberg Businessweek, insisting that Marsh did not intend to profit off of the act.
Morgan Stanley apparently fired the man on Monday.
Details may be found at http://goo.gl/g1pWIs.