Published 1 year ago

US judge dismisses former Barclays trader's whistleblower lawsuit

Summary by Ground News

U.S. District Judge Paul Oetken in Manhattan said Brian La Belle could not sue under the federal Sarbanes-Oxley whistleblowing law. La Belle's job termination in late July 2018 came at a time Barclays had been under intense scrutiny over its treatment of whistleblowers.

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Reuters

US judge dismisses former Barclays trader's whistleblower lawsuit

By Jonathan Stempel NEW YORK - A U.S. judge on Friday dismissed a former Barclays Plc trader's whistleblower lawsuit accusing the British bank of firing him after he complained it ignored basic risk management and violated its own policies for detecting rogue trading. U.S. District Judge Paul Oetken in Manhattan said Brian La Belle, who had been Barclays' head of commercial real estate

1 year ago·United Kingdom

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WTVB

US judge dismisses former Barclays trader’s whistleblower lawsuit

By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Friday dismissed a former Barclays Plc trader's whistleblower lawsuit accusing the British bank of firing him after he complained it ignored basic risk management and violated its own policies for detecting rogue trading. U.S. District Judge Paul Oetken in Manhattan said Brian La Belle, who had been Barclays' head of commercial real estate trading, could not sue under the federal Sarba…

1 year ago

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