NASD Panel Hears ING Whistleblower Dispute

Law360, New York (September 18, 2006, 12:00 AM EDT) -- A case involving a former ING mutual-fund salesman who claimed he was wrongfully terminated from ING Funds for raising concerns that the firm repeatedly breached securities laws went before an arbitration panel at the National Association of Securities Dealers on Monday.

Stuart Fromm, who sold ING funds to brokers, lodged the complaint against ING Funds Distributor LLC, the sales branch of ING Funds, as well as against five ING executives.

Wrongful termination suits are common on Wall Street, but they rarely name individuals as defendants. This...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.