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Ex-Glencore Trader Can’t Sue for Shares Worth $1 Million

A Glencore International Plc trader fired over an alleged alcohol problem can’t sue the company to recover about $1 million in shares that were awarded when he was hired, a U.K. court ruled.

Judge Richard Seymour said he was “troubled” by Andrew Kearns’s lawsuit because it didn’t state a valid legal claim. “I am afraid we are not there,” he said in dismissing the claim today.