Ex-Goldman Director’s Whistleblower Claims Go to Arbitration (1)

Goldman Sachs & Co. LLC convinced a federal court that arbitration is required to assess a former managing director’s claims that the company retaliated against him for blowing the whistle on alleged concealment of anti-money laundering compliance failures.

The employment contract Christopher Rollins signed validly calls for all employment-related matters to be settled by arbitration, Judge Edgardo Ramos of the U.S. District Court for the Southern District of New York ruled July 2.

Employment-related matters cover allegations Goldman Sachs retaliated against Rollins for disclosing his reasonable belief that the company violated Commodity Futures Trading Commission and Securities Exchange Commission regulations ...