Gone too far ?
JPMorgan says one of its former financial advisers has gone too far. Two e-mails too far.
Bloomberg News reports that earlier this year, the bank accused financial adviser Salvatore Alesia of breaking contracts when he resigned from JPMorgan’s private banking business and joined another firm the same day, alleging he tried to take clients with him. In April, JPMorgan won a court order prohibiting Alesia from contacting the old clients while the case was in arbitration.
Returning this week to court, JPMorgan accused Alesia of violating the court’s injunction by sending out e-mails to at least one of the ex-clients. He lied in an e-mail to a former client on December 8 by “implying that JPMorgan charges its clients “‘hidden’ fees,” the bank said in a petition filed in Manhattan state court.
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