Fresh on the heels of the Jennifer Sharkey whistleblower case at JPMorgan (JPM), another employee, Kevin Dillon, has alleged he was fired and mistreated because he informed executives about "highly questionable accounting and management practices" by Highland Capital Management, a Texas-based hedge fund and customer, according to Greenwich Time.

The suit was filed in state court in Stamford details how Dillon determined that the fund was "artificially manipulating" the net asset value of certain funds by "cross-trading assets between Highland hedge funds at settlement prices that were deceptively set, back dating cross-trades to capture a more favorable asset value." Dillon informed superiors but was told that nothing would be done.

Highland has been sued by various groups, including the rap star Jay-Z. Highland 's Crusader Fund, which was noted in Dillon's complaint, was shuttered October 2008.

Dillon, a client processing employee, says he was treated differently once he voiced his concerns. His bonus was cut. He was told he needed improvement. He also says a supervisor discussed with him a "wide array of guns he possessed and described to (Dillon) the violent acts he would commit if anybody crossed him or his family," according to the complaint.

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