JPMorgan Says Revived Whistleblower Suit Still Falls Flat

Law360, New York (February 11, 2015, 3:45 PM EST) -- An attorney for JPMorgan Chase & Co. urged a New York federal judge Wednesday to dismiss claims it fired an employee in retaliation for blowing the whistle on a client's alleged fraud and money laundering, after the Second Circuit revived the case in October.

Michael Schissel, an attorney for JPMorgan, told Judge Robert Sweet during a hearing that former private wealth manager Jennifer Sharkey had failed to adequately allege she was fired for engaging in whistleblowing activity protected by the Sarbanes-Oxley Act.

Judge Sweet had tossed the suit in December 2013, but the Second Circuit reinstated the claims in October 2014...

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