Morgan Stanley has learned a multi-million-dollar lesson, and has fired a stock-research analyst along with three members of the sales staff who went with clients to adult-entertainment clubs in Phoenix. The terminations, according to The Wall Street Journal, demonstrate Morgan Stanley's commitment to eliminating behavior that led to a sex-discrimination suit that cost the firm $54 million. Among the charges in that suit – filed in 2001 by Allison Schieffelin, who happened to work in the same division as the alleged offenders – was that women had been excluded from client activities that were intended to be male-only. Morgan Stanley, which would not comment on the firings, reportedly now has a policy against attending such adult-entertainment activities in connection with business.