Our banker shared confidential information with a past employee of a company we recently purchased, who then alleged that another existing employee of ours stole merchandise from the corporation that closed under a receivership. An employee of ours ordered supplies from a vendor using his personal credit card. The items were shipped to him. We wrote the employee a check to reimburse him, and noted the items purchased in the memo. This banker took the information from the check that was being cashed by this employee and contacted the former CFO of the closed corporation, stating that he thought this employee of ours stole these items while working for the closed company and is now selling them back to us. Isn't it a violation of confidence to share anything about our banking and business with someone not affiliated with our business? The person the banker shared this information with contacted my employee stating that he had heard from the bank that they think he is a thief. We have contacted our attorney about this issue, but what this banker has done violates our trust. What can be done here?
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It can be a violation of privacy laws to reveal information about an account to an unauthorized person. You can talk to the bank about it, complain to the bank's regulatory agency, or talk to an attorney about taking action against the bank. For the latter you need to discuss how you were injured and what that means to you. Follow those suggestions in order until you feel the issue is resolved.
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It can be a violation of privacy laws to reveal information about an 