Fired Goldman Trader Loses Bid to Revive Claim Against Bank (1)

A former Goldman Sachs Group Inc. managing director failed to convince a court to revive his claim that he was illegally fired for blowing the whistle on compliance lapses at the bank.

Christopher Rollins sued Goldman in 2018, but the case was sent to arbitration. A Financial Industry Regulatory Authority panel dismissed his claims last year, and a federal judge in New York on Thursday rejected Rollins’s attempt to overturn the arbitral decision.

Rollins claimed he was terminated for highlighting the bank’s dealings with controversial German financier Lars Windhorst and its failure to comply with anti-money-laundering laws. According to Rollins, ...