JPMorgan Loses Bid to Vacate Ex-Advisor’s $1.4 Million Arbitration Award

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A federal judge rejected JPMorgan Chase’s request to vacate a $1.4 million arbitration award a former financial advisor won against the company for alleged defamation.

The Sept. 14 ruling comes more than six years after JPMorgan terminated Dustin Luckett and more than 18 months after an arbitration panel ordered the bank to pay him for alleged defamation.

Luckett…

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