JPMorgan forced out trader who cooperated with fed probe: lawsuit

JPMorgan Chase treated indicted employees better than an executive who cooperated with federal investigators, according to a lawsuit.

Commodities trader Donald Turnbull claims in court papers he was abruptly canned from the bank’s precious metals trading group as soon as JPMorgan execs discovered the extent of his cooperation with the U.S. Department of Justice. Ultimately, the DOJ indicted six JPMorgan traders in 2019 for spoofing, or market manipulation through creating fake supply and demand.