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BlackRock is facing a $20 million lawsuit filed by former vice president Hamdan Azhar. Azhar, a purported whistleblower, alleges he was wrongfully terminated after creating a search engine tool designed to monitor illegal investments, including those in China. The lawsuit claims that BlackRock shut down the tool and retaliated against Azhar for raising concerns about self-dealing, corruption, and conflicts of interest within the asset management firm. Additionally, Azhar alleges a cover-up of the tool's ability to monitor client discussions about illegal investments.
🚨🇺🇸 BLACKROCK HIT WITH $20 MILLION LAWSUIT OVER WHISTLEBLOWING CLAIMS Former VP Hamdan Azhar is suing BlackRock for $20 Million, alleging wrongful termination after creating a tool to monitor illegal investments, notably in China. Despite objections to questionable contracts…
🚨🇺🇸 *BLACKROCK HIT WITH $20 MILLION LAWSUIT OVER WHISTLEBLOWING CLAIMS* Former VP Hamdan Azhar is suing BlackRock for $20 Million, alleging wrongful termination after creating a tool to monitor illegal investments, notably in China. Despite objections to questionable contracts…
BlackRock has been sued by a former vice president and purported whistleblower who alleged he faced retaliation and wrongful termination after raising concerns about self-dealing, corruption and conflicts of interest at the asset management firm. https://t.co/Zmxf5CLjxY