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Bank of America accused of defamation and wrongful termination

In some cases, it may take little more than the words of another person to prompt a reaction that leaves an individual in Ohio without a job. While the loss of employment alone can be challenging enough to handle, allegations of wrongful behavior can have a devastating impact on a person's life, even if the accusations are false. A man has recently filed a defamation lawsuit against Bank of America, claiming that his employment was terminated for unjust reasons.

According to reports, the man was a managing director at a brokerage business at Bank of America. After an employee at the bank filed a report accusing him of inappropriate behavior, the company launched an investigation into the matter. During this period, he was accused of attempting to tamper with the investigation and was ultimately fired from his position.

However, the man claims that the allegations against him are false and that he only became aware of the investigation after his position was terminated. He asserts that the actions against him were taken out as retaliation after he attempted to make others aware of regulatory violations. The man states that the incident has caused his personal and professional reputation substantial harm, and he is seeking to recover more than $100 million in damages.

Those who encounter such unjust or unfair treatment may wish to protect themselves against undesirable consequences, but they might need assistance in the process. When facing a similar situation, a person in Ohio could consider retaining the services of an attorney for guidance. An attorney can provide a client with advice on how best to protect against false and harmful allegations, and if necessary, assist in pursuing the restitution entitled through a defamation claim.

Source:, "Ex-Bank of America executive seeks $100 million in damages in defamation claim", Leslie Picker and Patrick Manning, April 27, 2018

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