Friday, September 23, 2016

JPMorgan, Finra Sue Whistleblower Over $624 (Not a Typo) Loss

Johnny Burris, an investment advisor, has been embroiled in a four-year dispute with the bank, his former employer, which he says pressured him to push his clients into the bank's own or favored investment products. JPMorgan, and now Finra, accuse Burris of causing the (three-figure) client loss and neglecting to make his superiors aware of the problem.

from American Banker http://www.americanbanker.com/news/consumer-finance/jpmorgan-finra-sue-whistleblower-over-624-not-a-typo-loss-1091568-1.html

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