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Ex-JPMorgan FX Salesman Back in Court Over Unfair Dismissal

  • Ktorza begins retrial after JPMorgan won appeal last year
  • Ktorza alleges he lost $2.8 million when suspended in 2014
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A former JPMorgan Chase & Co. currency salesman is fighting his dismissal for a second time after the U.S. bank overturned a verdict in his favor last year, as the fallout from the global foreign-exchange manipulation scandal drags on.

Patrice Ktorza, 45, a former executive director at the U.S. bank, began a retrial of his unfair dismissal suit at a London employment tribunal Tuesday. After winning the case in 2016, an appeals court reversed the decision in May on the basis that the original judge to a “significant extent started from his own findings of fact and opinions.”