TD Ameritrade Kept Credit Reports Tied To Firings, Suit Says

Law360, New York (September 18, 2012, 1:32 PM EDT) -- TD Ameritrade Inc. on Monday was targeted with a proposed class action led by a former software developer who alleges the company violated the Fair Credit Reporting Act by not providing him with credit and background check reports used in his firing.

The lead plaintiff in the putative class, Joshua Calloway, says in his Illinois federal court complaint that he was fired from his job with TD Ameritrade based, in part, on information that the company learned in a report produced by the Financial Industry Regulatory...
To view the full article, register now.