BofA Fired Trader to Avoid Paying Bonus, Lawyer Says
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Bank of America Corp. fired a trader who brought in three-quarters of its Asian distressed debt trading group profits to avoid paying a performance bonus, her lawyer said on the first day of trial in the case.
Sunny Tadjudin is seeking HK$28.3 million ($3.7 million) based on the average of 16.6 percent of her profit contribution, a percentage she received in bonuses for 2002 to 2004, attorney Graham Harris said yesterday at the Hong Kong High Court.