Ex-Capula CCO refiles whistleblower retaliation lawsuit

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The former U.S. chief compliance officer of London-based hedge fund firm Capula Investment Management, who alleged he was fired for repeatedly escalating “significant regulatory compliance issues” to senior management, recently refiled his lawsuit in state court after his original complaint was dismissed in federal court on jurisdictional grounds.

Robert Ottinger, co-counsel for Abramov, said in an email to Compliance Week that this was a “tactical move by the company to delay the case and move it to a different courthouse.”

As Compliance Week previously reported, Igor Abramov previously served as U.S. CCO and head of U.S. compliance and legal for the $32 billion hedge fund since June 2012. He alleged he was fired in July 2025 for escalating to Capula’s senior management repeated concerns concerning three compliance issues, as described below.

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