Categories: OLD Media Moves

Ex-Thomson Reuters employee files suit

A former Thomson Reuters employee filed a lawsuit claiming he was fired for telling the FBI that the company’s “tiered release” of a consumer survey violated insider-trading laws.

David Glovin of Bloomberg News writes, “Mark Rosenblum said in his complaint, filed today in Manhattan federal court, that he was fired on Aug. 3, soon after complaining to U.S. authorities that the company gave some customers an advantage by releasing the Thomson Reuters/University of Michigan Surveys of Consumers to them first. He said he told company executives about his complaint to the federal agents.

“‘Mere weeks after the report, Rosenblum’s employment with Thomson was terminated with no severance,’ the plaintiff, a former redistribution specialist selling financial data, said in his complaint.

“Rosenblum, who lives in New Jersey, is seeking unspecified damages for alleged violations of a U.S. whistle-blower law.

“‘We believe the accusations from the complaint against Thomson Reuters to be unsubstantiated and without merit,’ Alan Duerden, a spokesman for New York-based Thomson Reuters, said in an e-mailed statement.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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