Ex-Morgan Stanley Adviser Pleads Guilty to Taking Data

  • Galen Marsh faces as long as five years in prison on charge
  • Morgan Stanley discovered customer data on public website
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A fired Morgan Stanley financial adviser who downloaded client data to a home server pleaded guilty to accessing the bank’s computer network without permission.

Galen Marsh, 31, transferred confidential information on 730,000 customer accounts to a private server in his Hoboken, New Jersey, home from June 2011 to December 2014, according to prosecutors. Account information about 900 clients was found on an external website, Morgan Stanley said in January.