JPMorgan Accused of Driving Depressed Broker to Suicide (1)

JPMorgan Chase & Co. pressured a depressed broker to retire and fired him when he refused, the broker’s estate told a New York federal appeals court in a wrongful death lawsuit against the company.

The estate wants to hold JPMorgan liable for Michael Lorig’s suicide, which the estate says was driven by the company’s treatment of Lorig during his struggles with depression and anxiety.

JPMorgan won at the district court level, when a federal judge held the company’s alleged wrongdoing was “simply too attenuated” to be the cause of Lorig’s death.

Not so, Lorig’s estate told the U.S. Court of ...