Saturna Capital Bests Purported Whistleblower’s New Trial Bid

A trial judge shouldn’t have excluded certain evidence in a securities whistleblower trial, the U.S. Court of Appeals for the Ninth Circuit held.

But the purported whistleblower won’t get a new trial despite the error because the evidence he wanted to present wouldn’t have led to a verdict in his favor, the appeals court said.

The jury ultimately found against Gordon Stroh in his lawsuit alleging his former employer, Saturna Capital Corp., fired him from his chief legal officer position because he reported legal and compliance issues.

He wanted to present evidence that the company chairman directed employees to install ...