Whistleblower Law Blog
Former Ameriprise Branch Manager Files Whistleblower Lawsuit Alleging Fraud
According to the Star Tribune, former Ameriprise branch manager Michael Loscalso filed a federal lawsuit alleging he was fired in retaliation for reporting fraud and other violations of regulatory rules. Under the Dodd-Frank Act, whistleblowers similar to Loscalso are entitled to protection from retaliation and may even be entitled to a monetary reward in return for their reporting of fraud and other violations committed by their employer.
Tagged: Dodd-Frank Act, Enforcement Bodies, Securities and Exchange Commission (SEC), Whistleblower Laws (Federal)