Complainant Robert Bou-Simon said in his witness statement filed at a UK employment tribunal that he received abuse from his colleagues and managers at his former company BGC Partners Inc, Bloomberg reported.
Braziliam regulator Cade ruled yesterday that six companies, included Holcim Ltd, would have to pay fines totaling $1.4 billion for participating in a cartel that aimed to fix prices and divvy up clients in the client market, Bloomberg said.
Former chairman of American International Group Inc Maurice "Hank" Greenberg has lost a bid to dismiss the case filed by the state of New York against him and another ex-officer of the insurance company when a state Supreme Court judge allowed the lawsuit to proceed yesterday.
Assistant US Attorney Arlo Devlin-Brown said in a letter to judge Brenda P. Murray yesterday that the administrative proceeding of SAC Capital Advisors LP founder Steven A. Cohen should be on hold until all criminal cases of his employees have been resolved.
