Ex-JPMorgan VP Says Cover-Up Firing Violated Dodd-Frank

Law360, Los Angeles (March 6, 2017, 9:02 PM EST) -- A former JPMorgan Chase & Co. securities broker accused the company of violating the Dodd-Frank Act by firing him for reporting potential securities law breaches and for refusing to help erase records of lies it told customers about return rates in investment products, according to a complaint Friday in California federal court.

Bradley Sayre said he’d been a vice president with an $800,000 book of business at JPMorgan when the company started ordering its brokers to leave sections of customer filings blank, and to throw away internal company documents that showed the company was misleading customers about the value of certain...

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