JPMorgan has been ordered to pay a former Beverly Hills broker $4.25 million (£3.3M) in the United States after a Financial Industry Regulatory Authority, or FINRA, panel ruled that the Wall Street giant wrongfully fired him over a disputed £507 deli platter expense linked to a Super Bowl weekend meeting at his home.
The row began with a $642.50 food bill that broker Brent Ryan Bodner submitted to JPMorgan Chase in early 2024. Bodner, who worked in Beverly Hills, California, had hosted a gathering at his house in February, timed to Super Bowl weekend, with an existing client and a prospective client. The event was billed internally as a business meeting, according to filings cited by FINRA, and the platter from a local deli was charged as a client expense in the usual way. Three months later, in May 2024, the bank fired him.