Claims He Got Sacked For Reporting It To Superiors

Joseph Ax, Reuters

150px-Deutsche_Bank_logo_without_wordmark.svgA former employee sued Deutsche Bank AG (DBKGn.DE) on Wednesday, claiming he was fired for speaking out and accusing the bank of ignoring his concerns about its internal controls and charges to clients.

Gary DeDilectis, who worked as a director of equity operations and asset servicing at the bank for more than four years, alleged that the bank violated the whistleblower protections of the 2002 Sarbanes-Oxley Act.

In his lawsuit, filed in U.S. District Court in Manhattan, DeDilectis contended he was fired in January 2012 after repeatedly telling his superiors about “potentially fraudulent conduct” by Deutsche Bank. His job was terminated “without warning or any explanation,” he said.

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