Financial Services Employment Law News, Updates, and Insights for Financial Services Employers

Category Archives: Employment Litigation

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Federal Deposit Insurance Act Section 19 Restrictions Trump New York State Law Barring Criminal History Discrimination

By:  William J. Milani and Anna Kolontyrsky The Eastern District of New York has rejected a claim for relief under the New York State Human Rights Law (“NYSHRL”) brought by a job applicant who alleged that a bank unlawfully discriminated against her based on her criminal history. In Smith v. Bank of America Corp. (subscription… Continue Reading

New York’s At-Will Employment Rule Applies To Compliance Officer Allegedly Fired For Objecting To Misconduct

By:  William J. Milani and Anna Kolontyrsky The New York Court of Appeals has rejected a wrongful discharge cause of action brought by a hedge fund compliance officer who claimed that he was terminated for questioning a series of personal stock trades by the company’s president.  Sullivan v. Harnisch, No. 82 (N.Y. May 8, 2012) (PDF)… Continue Reading