- Ramesh Kumaran claimed his manager favored white, French staff
- Judge Guy Prichard clears BGC of all Kumaran's Allegations
A former BGC Partners Inc. broker who said his manager sent racist e-mails including one depicting him as “The Simpsons” character Apu, lost his employment suit against the company.
Ramesh Kumaran, who worked for the brokerage for a decade, waited too long to complain that he received racist e-mails, according to a judgment released Monday. The London Employment Tribunal also rejected allegations that his manager favored white, French employees.
Kumaran took "exception to racial allusions only in retrospect, after his fortunes on the desk had declined," Judge Guy Prichard said. "The idea that there was some sort of French cabal on the desk is to our minds, having reviewed this exhaustively and having heard both sides, frankly laughable."
Damages in employment cases are normally capped at about 78,300 pounds ($119,000) unless there is a finding of discrimination or the claimant wins status as a whistle-blower. Kumaran, who made 175,000 pounds a year, claimed he blew the whistle on "unethical" trading, where his boss, Boris Lefebvre "favored" some banks while matching orders in a manner that breached U.K. regulations.
Kumaran "constantly blamed his own failures to perform on others, particularly Mr. Lefebvre who, unfortunately, was too patient and indulgent to remonstrate with him," Prichard said.
A spokeswoman for Kumaran declined to comment.
“BGC is delighted that its position has been wholly vindicated in the unanimous judgment of the Employment Tribunal, which dismissed Ramesh Kumaran’s claims on all counts," a spokeswoman for the New York-based company said in an e-mail.