Reported 11 months ago
A former JPMorgan Chase precious metals trader has tentatively settled a lawsuit against the bank alleging wrongful termination due to his cooperation with a federal spoofing probe. The trader, Donald Turnbull, and JPMorgan reached an agreement in principle, with details of the settlement yet to be disclosed. The case stems from Turnbull's firing in 2019 shortly after he spoke to Justice Department investigators, a few weeks following which JPMorgan agreed to pay over $920 million to settle spoofing claims.
Source: YAHOO