JPMorgan, Ex-Trader Agree to Settle Wrongful Firing Lawsuit

A former JPMorgan Chase & Co. precious metals trader said he’s reached a tentative settlement with the bank over a suit claiming he was wrongfully fired over his cooperation with a federal spoofing probe.

<-bsp-person state="{"_id":"00000190-3ba6-d497-a7fb-ffaf683c0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Donald Turnbull’s lawyer said in a Thursday court filing that his client and JPMorgan had reached an agreement in principle. The lawyer, Eric Adams, informed US District John G. Koeltl in Manhattan that the deal would likely take another month to finalize. Terms of the proposed settlement weren’t disclosed.

A representative for JPMorgan didn’t immediately respond to a request for comment.

According to his suit, ...