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Article

24 Feb 2014

Author:
Mason Braswell, Investment News (USA)

Finra faces discrimination suit from fired manager [USA]

A former [Financial Industry Regulatory Authority (Finra)] manager is seeking millions of dollars in damages in federal court, where she is alleging that senior officials at the regulator fired her for reporting...that her manager...discriminated against her on the basis of her age, gender and a diagnosed anxiety disorder...Finra denied all her allegations when she brought them before the Equal Employment Opportunity Commission last year, seeking approval for her lawsuit. Finra spokeswoman Nancy Condon declined to comment, beyond citing the agency's denials in the EEOC action...After Ms. Wile's complaint, Finra conducted an investigation and said that while the claims were “unfounded, it did reveal and bring to the fore a number of issues that merit further discussion,” according to the lawsuit...Finra hasn't yet filed a response with the court.