- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2022-10-26T15:23:00
A compliance executive who sued JPMorgan Chase after she said she was fired for blowing the whistle on deficiencies in the bank’s anti-money laundering (AML) compliance program agreed to settle her case.
Shaquala Williams sued JPMorgan in November 2021, alleging she was fired for pointing out flaws in the bank’s compliance program and misrepresentations it made to regulators regarding a 2016 settlement of bribery allegations in the Asia Pacific region.
Williams and JPMorgan filed a settlement agreement Monday in U.S. District Court for the Southern District of New York. The agreement, which settled allegations the bank violated the Sarbanes-Oxley Act’s whistleblower protections when it fired Williams, stipulated it would be finalized Friday. Neither Williams nor JPMorgan commented on the agreement, which did not disclose financial terms.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2022-08-01T17:19:00Z By Aaron Nicodemus
A jury could conclude allegations made by a former JPMorgan Chase compliance executive who said she was fired for blowing the whistle have merit, a federal judge ruled.
2021-11-12T18:21:00Z By Aaron Nicodemus
A former compliance executive with JPMorgan Chase alleges she was fired after pointing out flaws in the bank’s compliance program and misrepresentations the bank made to regulators regarding a 2016 settlement of bribery allegations in the Asia Pacific region.
2025-04-24T18:07:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau (CFPB) has quickly become one of the most active agencies advancing the Trump administration’s pullback on prosecuting corporations, as it dropped yet another consumer protection lawsuit against a financial services company Wednesday.
2024-08-27T14:09:00Z By Adrianne Appel
Two pairs of claimants will receive whistleblower awards totaling more than $98 million and $24 million, respectively, for information they provided to the Securities and Exchange Commission that led to an enforcement action.
2024-08-23T15:47:00Z By Neil Hodge
Discrimination against whistleblowers in the U.K. has risen to such a level that the government may need to actively pursue plans to afford greater legal protection, as well as introduce financial awards to compensate for their “career suicide.”
2024-08-02T14:12:00Z By Aaron Nicodemus
The Department of Justice released the details of its long-awaited corporate whistleblower awards pilot program that will prioritize reporting in areas of corporate crime not currently covered by existing whistleblower programs.
Site powered by Webvision Cloud