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Former Amex Employee Faces Hurdles in Dismissal Suit, Say Lawyers
By Colby Adams
printA former American Express compliance officer is facing an uphill battle in his efforts to win $7.5 million from the bank and an apology from the U.S. Justice Department, say lawyers. Sergio Masvidal, of Miami, alleges that American Express Bank International (AEBI) and the government ruined his career by entering into a "secret agreement" to fire him as part of the deferred prosecution agreement the bank made with the department in August 2007 to settle charges that it was "willfully violating" the Bank Secrecy Act. As part of the deal, the bank forfeited $65 million to the Justice Department and...
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