Bloomberg Law
March 24, 2023, 7:59 PM

Barclays Wins Judgment on Former Executive’s Retaliation Claims

Peter Hayes
Peter Hayes

Barclays Capital Inc. on Friday shook off claims that it terminated an executive in retaliation for engaging in protected whistleblowing under the Sarbanes-Oxley Act.

Brian La Belle failed to show that he reported conduct that he reasonably believed violated federal law relating to fraud against shareholders, Judge J. Paul Oetken of the US District Court for the Southern District of New York ruled, granting summary judgment for Barclays.

La Belle alleged that he was retaliated against for telling his supervisor that he had worked during his “mandatory block leave,” and telling the compliance department that he believed he was expected ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.