Morgan Stanley Whistleblower Says Dodd-Frank Is Retroactive

Law360, New York (February 10, 2014, 8:08 PM EST) -- The Dodd-Frank Act ban on whistleblower retaliation applies to conduct before the law was signed in July 2010, a Morgan Stanley & Co. Inc. audit specialist said Monday, urging a New York federal court to keep his suit against the bank alive.

Saeed Ahmad asked the court to deny Morgan Stanley’s motion to dismiss claims it harassed and bullied him after he raised concerns about the bank’s corporate loan portfolio. An attorney for Ahmad, John Balestriere, said an anti-retaliation provision in the 2010 law should apply...
To view the full article, register now.