Ex-trader Kerviel rebuffed by Paris employment tribunal

A Paris employment tribunal has rejected former Societe Generale trader Jerome Kerviel’s plea for a new expert inquiry to help overturn his dismissal in France’s biggest-ever trading scandal in 2008.

In a separate criminal case, Kerviel is running out of options to escape conviction and a jail sentence upheld by an appeals court in October over 4.9 billion euros (HK$49.3 billion) in losses that French bank SocGen said were the result of unauthorised trades by Kerviel.

via Business feed http://www.scmp.com/business/banking-finance/article/1275845/ex-trader-kerviel-rebuffed-paris-employment-tribunal