BofA Dragged Into Currency Exchange Lawsuits as U.K. Trader Sues

  • Daniel Stalker claims he was fired for whistle-blowing
  • FX trader joins at least seven others suing their former banks
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Bank of America Corp.’s Merrill Lynch was the latest bank to be dragged into a rash of foreign-exchange-related unfair dismissal lawsuits after a former trader sued the lender.

Daniel Stalker, a director on the foreign exchange trading desk in London, filed a case for unfair dismissal, claiming he was fired for whistle-blowing. A closed-door mediation hearing took place at central London employment tribunal Friday.