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12

JPMorgan Ordered to Pay Damages for Firing Whistle-Blower

By Tony Seruga

JPMorgan Chase has been ordered to pay back wages, damages and legal fees to Johnny Burris, a former broker who was fired when he complained about the bank’s practices. CreditJoshua Lott for The New York Times

JPMorgan Chase inappropriately retaliated against a former employee who raised questions about the bank’s sales tactics and investment products, the Labor Department found.

The bank was ordered to pay back wages and damages to Johnny Burris, a former broker at one of its Arizona branches. A letter released on Tuesday by the Occupational Safety and Health Administration, a division of the department, said that JPMorgan had violated provisions of the Sarbanes-Oxley law designed to protect whistle-blowers…

JPMorgan Ordered to Pay Damages for Firing Whistle-Blower

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