The estate of a deceased broker filed a wrongful death lawsuit against JPMorgan Chase & Co., saying he took his life after becoming despondent because he was forced to retire.
Michael A. Lorig suffered from depression and mental illness, and the bank pressured him to retire rather than granting a long-term disability so he could be treated, according to the lawsuit filed Monday in Manhattan federal court. He had joined the bank through its acquisition of Bear Stearns.