Bloomberg - Ex-Goldman trader claims retaliation, seeks at least $50m damages

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A former Goldman Sachs executive claims in a lawsuit that the bank retaliated against him for blowing the whistle on its failure to comply with anti-money-laundering policies.

Bloomberg News reports that Christopher Rollins, who worked for Goldman Sachs for 16 years and rose to be a managing director, claims the firm’s leaders smeared his reputation, falsely blamed him for its anti-money-laundering failures and eventually fired him in February 2017. He’s seeking at least $50 million in compensatory damages and punitive damages.

Goldman Sachs denies any wrongdoing and says it’ll fight the lawsuit, which was filed Thursday in Manhattan federal court.

Hit the link below to access the complete Bloomberg News article:

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