Kerviel to sue SocGen for unfair dismissal

Employment litigation Hall of Fame? “Jérôme Kerviel, the rogue trader accused of losing his bank €5 billion (£3.9 billion) in one of the financial world’s biggest scandals, has hit upon a new money-making scheme — he is to sue his former employer [Société Générale of Paris] for unfair dismissal.” (Adam Sage, “Jerome Kerviel to sue […]

Employment litigation Hall of Fame? “Jérôme Kerviel, the rogue trader accused of losing his bank €5 billion (£3.9 billion) in one of the financial world’s biggest scandals, has hit upon a new money-making scheme — he is to sue his former employer [Société Générale of Paris] for unfair dismissal.” (Adam Sage, “Jerome Kerviel to sue SocGen over sacking”, Times Online (U.K.), Apr. 3).

One Comment

  • Mr Kerviel claims his dismissal is unlawful because the bank has failed to prove he did anything wrong.

    I do believe I can come up with 3.9 billion reasons. I can only marvel at his chutzpah.