AIG fired the former head of its legal operations center because he wouldn’t cooperate with the center’s reorganization, not because of his alleged whistleblowing activities, a federal trial court in New York said.
Aaron Katzel sued AIG under the Sarbanes Oxley Act and the Dodd-Frank Act, claiming he was fired in retaliation for blowing the whistle on the company’s violations of federal fraud and securities law.
But Katzel failed to establish a claim for whistleblower retaliation because he didn’t show he was engaged in protected activity or that AIG had knowledge of such activity, the Sept. 23 opinion by Judge ...
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