Law \ Legal

JPMorgan Pays Whistleblower To Shut Up, Like It Should Have Done A Year Ago

About a year ago, a former JPMorgan Chase compliance officer sued her one-time employer. Shaquala Williams alleged that the bank didn’t really have much of an anti-corruption program at all—certainly not one of the sort required by its 2016 deal with the Justice Department and Securities and Exchange Commission over the whole hiring the failsons of prominent Chinese politicians and business leaders thing—but that it certainly claimed to have it in reports to those regulators. And, what’s more, when Williams pointed out that alleged discrepancy—one that, you know, would violate a non-prosecution agreement—she was fired for it.

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