An employment tribunal in London yesterday heard that Jenus Fiouzi, who served as Director of FX and Rates Institutional Sales at Commerzbank from April 2013 alleges that she was discriminated against and left out of conversations, whilst Commerzbank states that she was fired for not meeting targets
Read moreUS citizen Walter Michaelson has filed a lawsuit against UBS in a federal court in Florida, which has led to an investigation by the US Department of Justice, which is examining whether UBS traders deliberately overcharged investors such as Mr. Michaelson by carrying out the currency trades needed to execute its V10 Enhanced FX Carry Strategy, with Mr Michaelson claiming that he did not ask for this complex product which lost him $100,000
Read moreIn addition to the £2.2 million paid to Travers Smith, Lord Grabiner was paid £401,000 for his efforts, whilst Adam Rushworth, an Essex Court junior who supported him was remunerated £106,000. US legal and consultancy firm Huron Legal was paid £107,115
Read moreWall Street giant Goldman Sachs faces a High Court lawsuit in Britain over a Libyan government wealth fund which lost £660 million and was funded by Libyan officials who were allegedly courted with luxurious parties, girls and overseas travel
Read moreDeeb Salem claims his bonus for 2010 should have been $13 million, and has engaged in an extensive lawsuit against Goldman Sachs with a total arbitration claim of $16 million.
Read moreLawsuit brought by former TRI employee claims insider survey leaks. An interesting lawsuit brought against Thomson Reuters by former employee Mark Rosenblum claims that the bimonthly Thomson Reuters / University of Michigan Surveys of Consumers had a "tiered" release, giving certain "ultra-low-latency" subscribers to the survey a brief trading advantage, based on receiving the information earlier. Rosenblum's…
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