Apparently, even if you are caught with your hand in the cookie jar, there is always a lawyer that will file a nonsense lawsuit. After reading an article in Bloomberg titled “Ex-RBS Trader Fired Over Libor-Rigging Sues for Unfair Dismissal”…we were surprised that this lawyer had so much audacity. In the article it states:
“A former Royal Bank of Scotland Group Plc trader sued the lender over his firing for alleged misconduct related to manipulation of benchmark interest rates.
Simon Green, who traded derivatives tied to short-term moves in interest rates in dollars and euros, filed an unfair dismissal suit, according to documents from a London employment tribunal. He was let go in March, weeks after the Edinburgh-based bank paid $612 million to settle with regulators probing its attempts to rig the London interbank offered rate.”
To read the full article by Kit Chellel please click here