The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.

Igor Abramov, who had worked at Capula, a $32 billion firm based in London, as CCO and head of legal since 2012, claims his firing was retaliation against him for repeatedly “raising concerns about significant regulatory compliance issues,” according to the lawsuit, filed in U.S. District Court for the Southern District of New York on Nov. 3.

Adrianne Appel writes regulatory news, policy, and trends for Compliance Week. She previously reported about policy developments for Bloomberg Law and Bloomberg Government. Email: adrianne.appel@complianceweek.com LinkedIn:...