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Labor Dept. Nixes Whistleblower Claim Against Merrill Lynch

Labor Dept. Nixes Whistleblower Claim Against Merrill Lynch

by Rick Turoczy on March 13, 2006

The Department of Labor has ruled that Merrill Lynch did not violate the whistleblower provisions of the Sarbanes-Oxley Act when it dismissed broker James Altschul, The Wall Street Journal reports.

The Labor Department held that there was “no reasonable cause to believe” ML had violated the law.

Labor Dept. Nixes Whistleblower Claim Against Merrill Lynch

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