It was the ultimate insult! JPMorgan Chase is being accused of unleashing a “smear campaign” on a former employee by comparing him to infamous fraudster Bernie Madoff after he left to join another firm, according to a new $3 million defamation lawsuit filed in Manhattan Supreme Court. Mark Kolta worked for the financial giant as a securities broker in its Astor Place offices for three years through 2011. At his peak the broker pulled in $100,000,000 in business investments for the bank, he claims in the lawsuit. Read New York Post report here.
