Search Site

JP Morgan Fined for Whistleblower Retaliation

Per a recent decision from the U.S. Department of Labor, JPMorgan Chase wrongfully retaliated against a former employee who had raised questions about the sales tactics and investment products offered by the bank. As a result, the bank had to pay back wages and damages to the employee, Johnny Burris, who had been a broker at an Arizona branch of the bank.

A letter from the Occupational Safety and Health Administration indicated the bank was guilty of violating aspects of the Sarbanes-Oxley whistleblower protection law. The bank was planning to appeal the findings, according to a spokesperson for the company.

Burris was fired in 2012 after resisting some of his bank managers who had pressured him to sell investment products that were unsuitably risky for his elderly clients. JPMorgan eventually fired Burris for different offenses. Upon investigation, a representative from the Labor Department said evidence of those offenses was “questionable,” and even if true, those offenses would not be enough in normal circumstances to justify firing an employee, particularly one with Burris’s record. The investigator also said the bank did not adhere to its standard disciplinary policy in terminating Mr. Burris.

Burris had also complained about the bank’s sales tactics and the way the company treated him in a 2013 article by The New York Times. After the article appeared, Burris’s manager went back to add customer complaints to his record, even though he hadn’t been an employee of the bank for months. These customers eventually told the Times they had never lodged such complaints about Burris.

Federal government protects whistleblowers

Whistleblowers today are afforded more protections than ever before thanks to legislation established in 2011. If you believe you have been retaliated against because you raised concerns about workplace operations, contact a skilled Dallas whistleblower attorney at Whistleblower Law for Managers.

Awards & Honors
Our Office
  • Dallas Office
    4514 Cole Ave
    Dallas, Texas 75205
    Phone: 214-306-8045
    Fax: 469-729-9926
As Seen In
In his new book, "Standing Up to China: How a Whistleblower Risked Everything for His Country," former client & Author, Ashley Yablon, quotes Attorney Steve Kardell about Whistelblower Law.
  • "Steve Kardell was terrific in representing me in some very adversarial discussions with Citigroup and also later represented me in my testimony before the Financial Crisis Inquiry Commission."  -Richard Bowen, Citigroup Whistleblower

  • "Incredible knowledge of employee related concerns and equally brilliant knowledge of health care regulations, standards of practice. I would recommend this firm to anyone."  -V.B.

  • "Reaching out to Steve Kardell was the best decision I made. His ability to provide immediate insight and direction was very powerful, and a huge relief during a very stressful time period. For anyone struggling with a whistleblower situation, I would highly recommend at least speaking with Steve. After a 10 minute call with him, I had a better understanding of what I was dealing with. Even better, he gave me some immediate hope. In the end Steve did a better job than I thought was possible. Steve was able to get in contact with people in my organization, that I didn’t have access to. Because of his years of experience, he already has contacts in many organizations in Dallas. The entire situation was handled peacefully. I was impressed by his ability to “keep the peace”–rather than creating a battle with the organization. The reason I didn’t reach out to a lawyer initially, was because I thought it would mean an immediate end to any hope of a positive relationship with the company. Steve was able to address my concerns, and in the end I was able to continue to work for them."  -KS

  • "Never thought my career would end like it did after 30 years of service. I was part of the first round of the so called reduction of force. I asked myself how can I be part of this with 30 years of seniority. How did they pick these 90 plus employees? Now, the culture of this organization made you question every decision they made. It wasn’t what you knew it’s was a culture of who you know. Nonetheless, I did not accept their severance package. I immediately starting looking for an attorney who would take on my case. After the initial call to Steve I had hope again. He was open and honest about everything and reassured me he would do his best for me, and he did. I had an awesome outcome. Thanks Steve you’re the best."  -S.S.