Bank of America wealth advisor sues for job

Banks have been required by new rules in effect since May 2011 to conduct background checks on all employees, in an effort to ensure people guilty of past crimes are not put in position repeat their offenses, according to a fiercefinance report..

….The Houston Chronicle reports that Paul Boudwin was "a successful wealth manager at the bank's Houston office. Last year, he was recognized with the bank's 'Chairman's Club' award, which came with a trip to Philadelphia for training at the University of Pennsylvania's prestigious Wharton School. He was on track for a big bonus."

But then a back ground check revealed that 14 years ago, he was arrested with other fellow college students as part of misunderstanding involving a check at Denny's. The charge was later dismissed, but the bank initially tried to fire him…..

Read more: Bank of America wealth advisor sues for job - FierceFinance http://www.fiercefinance.com/story/bank-america-wealth-advisor-sues-job/2012-10-29#ixzz2AoY2PAHX