JPMorgan Chase treated prosecuted employees better than a chief who helped out federal investigators, as per a claim.
Products trader Donald Turnbull claims in court papers he was unexpectedly canned from the bank’s valuable metals exchanging bunch when JPMorgan executives found the degree of his cooperation with the U.S. Department of Justice.
At last, the DOJ arraigned six JPMorgan traders in 2019 for ridiculing, or market control through spurring counterfeit stock and interest.
In 2019, Turnbull says the data he gave the DOJ “uncovered critical, multi-year slips in JPMorgan’s exchanging oversight mechanisms and enforcement judgments.”
Of the six denounced employees, three were “delivered” from their positions “well,” Turnbull claims in Manhattan Federal Court papers, while one surrendered, and two others were fired solely after their prosecutions were unlocked.
Yet, Turnbull, a 15-year veteran of the bank, was canned, had his unvested investment opportunities dropped, and confronted JPMorgan’s dangers to “paw back his earlier remuneration,” he charges in the prosecution. He was not charged in the DOJ test.
The bank defended Turnbull’s end by guaranteeing he, when all is said and done, had occupied with exchanges which had “the demeanor of satirizing,” a case which, he says, was “retaliatory.”
Turnbull is looking for unknown harms. JPMorgan Chase declined remark.